Ancient Bitcoin (BTC) Springing to Life, Signaling Potential Sell-Side Pressure: Crypto Analytics Firm
New data from the market intelligence firm Glassnode reveals that ancient Bitcoin (BTC) is awakening, suggesting that sell-side pressure may rock the crypto king.
In a new thread on the social media platform X, the crypto analytics platform notes that tens of thousands of tokens have sprung to life during the month of July, meaning that early investors could be looking to take profits.
“[Thursday] saw another wave of ancient coins move on-chain, with 3,900 BTC aged over 10 years becoming active. This follows the 80,000 BTC that moved on July 4, 2025. Such activity from long-dormant supply often reflects internal reallocation, custodial shifts, or in some cases sell-side pressure.”
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