Bitcoin HODLers Spend 97,000 BTC—Biggest Move This Year

Bitcoin long-term holders have seen their spending accelerate recently, with the largest daily spike of the year taking place on Friday. 1 To 2 Years Old Bitcoin Investors Made Up For The Biggest Part Of The Spike In a new post on X, on-chain analytics firm Glassnode has discussed how the activity of the Bitcoin long-term holders (LTHs) has been looking ￰0￱ LTHs refer to the BTC investors who have been holding onto their coins for more than 155 ￰1￱ Reading: Solana Breaks Out Of Ascending Triangle: Is $300 The Next Stop? Statistically, the longer an investor holds onto their coins, the less likely they are to sell them in the ￰2￱ such, the LTHs with their relatively long holding time are considered to be resolute ￰3￱ their conviction, however, there are times when even members of this cohort decide to part with their ￰4￱ is a chart shared by Glassnode that shows how spending from this cohort has fluctuated over the past ￰5￱ is visible in the graph, the 14-day simple moving average (SMA) of the Bitcoin volume spent by the LTHs has shot up recently, indicating the HODLers are ramping up their transaction ￰6￱ spike in LTH spending has come after a decline in the BTC ￰7￱ timing could be a possible sign that some of the diamond hands are starting to think the bull run is winding down, so they have decided to exit with their profits while they still ￰8￱ while Bitcoin LTH transactions are elevated right now, they are still significantly below the levels observed in the last quarter of 2024.

Also, the smoothed data of the 14-day SMA may suggest the development corresponds to an increase in spending over a period, but it turns out that it’s largely due to a single large daily ￰9￱ the chart, it’s apparent that this large spike that occurred on Friday involved around 97,000 BTC, worth a whopping $10.6 ￰10￱ is the largest spending day for the LTHs in 2025 so ￰11￱ Reading: Solana Social Media Hype Hits 11-Week High As Price Jumps 16% The LTH group’s 155-day cutoff means that the cohort covers a rather large range, so here’s another chart, this one breaking down how the different segments of the group have contributed to this event: It would appear that the 1 to 2-year-old Bitcoin LTHs provided the largest part of the spending spike at 34,500 ￰12￱ 6 to 12 months and 3 to 5 years segments are other standouts, each contributing around 16,000 ￰13￱ Price Bitcoin slipped toward $107,000 during the weekend, but it appears the coin has jumped back to start Monday as its price is now trading around $109,500.

Featured image from Dall-E, Glassnode. com, chart from ￰14￱