Recent data reveals a striking market shift: roughly $300 billion in Bitcoin that had been sitting dormant has entered active circulation so far this year. The chain tells an interesting story—over the last month, long-term holders have been offloading coins at a pace not seen in over half a decade. This scale of distribution from seasoned players typically signals something worth watching. The timing, intensity, and concentration of these moves often precede notable market movements, making the current activity a key metric for traders monitoring whale behavior and potential price pressure ahead.