Re: 1% of Bitcoin dormant supply moved from long-term storage in November

Ineresting, but like the folks mentioned it can be different reasons, in my opinion this movement shouldn't be dangerous to the bitcoin price cause there's been significant outflow from exchanges according to Glassnode data (https://twitter.com/glassnode/status/1250106545511292933) so investors prefer to store their BTC rather than trade. It maybe for security reasons.

Quote from: BLU on Today at 09:07:07 AM

It looks like we may see some big movements since 185 600 bitcoins ($3.6B) were transfered on blockchain from the addresses that hadn't been touched for 12 months. In my opinion it's a positive sign because there are a lot of positive news for Bitcoin with many big wallets entering the market, it could be them too who moved bitcoins from long-term storage. What do you think?
https://cointelegraph.com/news/3-6-billion-worth-of-bitcoin-coaxed-from-long-term-storage-by-november-rally