#BinanceABCs Long-term Bitcoin holders are accelerating their exit—this signal cannot be ignored.

According to the latest report from K33 Research, since the beginning of 2023, Bitcoin that has not moved for over two years is disappearing rapidly, with a total reduction of 1.6 million coins, equivalent to a market value of $140 billion. More strikingly, in 2025 alone, nearly $300 billion worth of "sleeping" Bitcoin (coins held for over a year) are suddenly being awakened and flooding into the market.

On-chain data provider CryptoQuant's monitoring is even more straightforward: in the past month, the scale of long-term holder sell-offs has reached a five-year-high. This is no small matter. The holder structure of $BTC and $ETH is undergoing a clear change—veteran players are reducing their positions, while new funds are entering, and the tug-of-war in market sentiment is becoming more intense.

Is this the bottoming out for accumulation or the top for exiting? The data is here; everyone has to interpret it for themselves.