<ul><li>In May, older Bitcoin holders accelerated spending, with $4 billion moved, the highest since February.</li><li>The increase was led by the 3–5 year holding group, followed by the 2–3 year and 1–2 year cohorts.</li><li>May's activity marked the fifth-largest spike in 1–5 year cohort spending this cycle.</li><li>The spending by long-dormant wallets suggests seasoned holders may be taking profits or rebalancing as BTC nears key price levels.</li></ul>

Older Bitcoin Holders Accelerate Spending: $4B Moved in May, Highest Since February

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