According to glassnode, Bitcoin holders in the 3–5 year cohort moved $2.16B worth of BTC in recent outflows, marking their second-largest withdrawal this cycle after March 2024’s $6B event. The 2–3 year cohort accounted for $1.41B and the 1–2 year group for $450M. This activity represents the fifth-largest 1–5 year holder spending spike of the current cycle, primarily driven by older Bitcoin investors. For traders, this significant movement from long-term holders suggests increased market liquidity and potential volatility, which may impact short-term price action and influence crypto trading strategies. Source: glassnode on Twitter, May 28, 2025.