Glassnode: Increased Activity Among Long-term BTC Holders, $4.02 Billion Transferred by 1-5 Year Holding Group

According to glassnode data, the activity of long-term Bitcoin holders has recently increased significantly, with the total transfer volume of the 1-5 year holding group reaching $4.02 billion, the highest level since February this year. Among them, the 3-5 year holding group contributed $2.16 billion, the second highest in this cycle, second only to $6 billion in March 2024; the 2-3 year holding group contributed $1.41 billion; the 1-2 year holding group contributed $450 million.

This transfer activity of the 1-5 year holding group is the fifth largest peak in this cycle, mainly driven by long-term holders. Reviewing other transfer peaks in this cycle: $9.25 billion in October 2024 (dominated by the 1-2 year group), $6.11 billion in March 2024 (dominated by the 2-3 year group), $5.42 billion in February 2025 (dominated by the 2-3 year group), and $4.39 billion in November 2024 (dominated by the 3-5 year group). The current activity indicates that long-term holders are accelerating the release of their Bitcoin.