Bitcoin Dump Incoming? 😱 Whales Are Moving Coins!

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Bitcoin, yeah, that thing. It took a nosedive earlier, like someone tripped over the cord
🔌 and it went all the way down to $74,604. Then, like a stubborn houseplant
🪴, it kinda perked back up to over $79,000. Big deal.

So, it’s up a bit, but still down 3.1% from yesterday. And get this, it’s down almost
30% from its glory days in January when it was above $109,000. It’s like that soup
🍲 you found in the back of the fridge. Still edible, but you’re not thrilled about
it. According to some CryptoQuant guy, IT Tech, things might be getting dicey.

Old Coins Starts To Move: Sell Off ahead?

Apparently, IT Tech wrote some analysis titled “Massive spike in Exchange Inflow CDD
signals old coins are waking up.” CDD, huh? Sounds like a disease 🦠. It
measures when old coins – coins that haven’t moved in ages – start moving.

When these ancient coins 🪙 start shuffling around, it means long-term holders are
probably dumping them on exchanges, probably to cash out. Like they’re finally
realizing Bitcoin isn’t going to buy them a yacht 🛥️.

Historically, when CDD spikes, Bitcoin takes a tumble. IT Tech says this latest spike
happened when Bitcoin dropped from $82,000 to $76,000. So, these old-timers might
be cashing out. Good for them, I guess.

This kind of thing puts even more pressure on the market, especially when things are
already shaky. These movements could mean things are changing, with old investors
finally deciding to take their profits. If this keeps up, it’s bad news
🐻, as coins that have been sleeping for months or years are back in circulation.

Bitcoin Short-Term Metrics Indicate Possible Cooling Trend

Meanwhile, another CryptoQuant analyst, BilalHuseynov, says short-term holders are
also acting weird. Figures.

In a post called “Bitcoin: Realized Price – UTXO Age Bands,” he looked at how the
realized prices for coins held by short-term investors (one week to three months)
can show how healthy the market is. UTXO Age Bands? More diseases 🦠.

These age bands show if recent buyers are making money or losing it. When the market
is good, these bands go up. When it’s topping out, they flatten or go down, meaning
short-term people are selling. Makes sense, right?

Huseynov says that’s what’s happening now. The 1-month to 3-month realized price is
going down, like it did in April and November 2021, and March 2025. So, history
repeating itself? Great.

If this keeps up, it means newer holders are losing money and might panic, causing
even more problems. On the other hand, these bands have also marked the bottom
during bear markets, where prices bounced back. So, who knows? Maybe we’ll all be
rich 🤑. Or maybe we’ll be selling our shoes 👞 to buy ramen 🍜.

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2025-04-08 06:41