<ul><li>Bitcoin holders who have held their coins for 3 to 5 years are spending their BTC, raising questions of profit-taking or strategic reallocation.</li><li>Data from Glassnode shows a rise in spending by long-term holders, driving the aggregate volume from one-year to five-year cohorts to $4.02 billion.</li><li>Older Bitcoin holders have recorded significant spending volumes after recent BTC rallies, with the largest spending spike occurring in October 2024 at $9.25 billion.</li><li>The current spending spike is led by the three-year to five-year Bitcoin holder cohort with $2.16 billion, suggesting a potential consolidation or deeper correction for BTC.</li></ul>

Older Bitcoin Holders Are Spending Their BTC Again: Profit-taking or Strategic Reallocation?

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