Over 20,000 BTC transferred from long-term holders' wallets in the last 96 hours

Bitcoin was proposed by Satoshi Nakamoto on November 1, 2008 and officially born on January 3, 2009. Bitcoin is a peer-to-peer, decentralized cryptocurrency that does not rely on central authority publishing, but is completed in the blockchain through proof-of-work consensus mechanism, commonly known as "mining". Bitcoin uses a distributed database of P2P network nodes to confirm, verify, and record currency transactions, with a total publishing volume of 21 million.

 

On February 7th, on-chain analyst Ali posted on X that "based on Glassnode data, over 20,000 BTC have been transferred from long-term holders' wallets in the past 96 hours."