Long Term Holders Just Set a Multi-Year Record Low For Volume This Weekend

Volume activity (movement) of Bitcoin held longer than 3 years dropped 6x below it's weekend average (updated as of 45 minutes ago: block 975,103) This is the lowest acvitity we've seen from the over 50% of the market that makes up 3+ year held Bitcoin, since June 2023.

What's really fascinating about this, is it's happening on a weekend where price is moving significantly. Meaning Long Term Holders are not only ignoring this activity, but going silent completely. Silence doesn't mean accumulation, but it does mean the supply hitting the market is limited.

Opinion: This is a weekend flush, and we might be on the doorstep of the next major leg higher here. The data itself here has me excited.