In Q1 2025, dormant Bitcoin movement surged with 62,800 BTC transacted, indicating potential shifts in long-term holder sentiment as Bitcoin trades at $92,507. Large holders see increased accumulation activity despite a sharp downturn over 90 days. Overall, long-term holders are growing their market presence, while short-term traders decline.
A recent report from CryptoQuant has shown a remarkable increase in the movement of dormant Bitcoin, particularly those held for over seven years. In the first quarter of 2025, around 62,800 BTC exchanged hands, which signals a possible shift in sentiment among long-term holders. This uptick in activity began in January 2025, coinciding with Bitcoin’s fluctuating price, recently reported at $92,507, which is still shy of its former heights.
Data illustrates that the first quarter of 2025 saw a striking 121% rise in Bitcoin movement compared to the same quarter in 2024, which recorded just 28,000 BTC. January marked the highest activity month with 24.59K BTC spent. This was followed by February’s 21.82K BTC and then 16.46K BTC in March. Last year’s patterns contrast sharply; notably, March 2024 had a spike with 19.30K BTC but faded in subsequent months.
CryptoQuant has excluded 141,000 BTC linked to Mt. Gox transactions, presenting a clearer picture of current market dynamics. Analysts suggest that the surge in transactions involving older bitcoins may indicate long-term holders’ changing perspectives, possibly spurred by macroeconomic shifts, price growth expectations, or liquidity needs by institutions. This transition in holding behaviour aligns interestingly with recent changes in economic policy in the U.S. under President Trump’s administration.
On the other hand, IntoTheBlock’s data indicates that larger Bitcoin holders, often referred to as ‘whales’, have also been active in acquiring Bitcoin this quarter. Notable statistics reveal a colossal 208.75% increase in whale activity over the past week and a staggering 426.99% rise over the preceding month. However, the data for the previous 90 days shows a drastic downturn of 837.16%, suggesting that the activity observed may just be part of a larger trend of accumulation and distribution established prior.
Looking at overall market activity, long-term holders – those retaining assets for over a year – have grown their share of total Bitcoin holdings in 2025 by 1.45%. Meanwhile, more short-term holders—those keeping Bitcoin less than a year—saw declines, with cruisers down 2.11% and traders dropping by 4.06%. This evolution suggests a growing belief that Bitcoin is shifting into a long-term investment rather than just a vehicle for short-term trading profits.
As always, it’s key for readers to remember that this article is for informational purposes and should not be seen as financial advice. Individual research before any investment choices is crucial, and the views expressed here are not attributed to The Crypto Basic. The site disclaims any responsibility for financial losses.
