The post Will 1,001 BTC Rattle the Market? appeared on BitcoinEthereumNews.com.  Key Insights: 1,001 BTC from 3–5 year-old wallets moved, raising market attention amid stable price action. Long-term holder SOPR remains above 1.0, showing coins are being sold at clear profits. MACD on monthly chart nears crossover, echoing previous 70% drops after similar signals. Old Bitcoin Wakes Up: Will 1,001 BTC Rattle the Market? Data from CryptoQuant shows that 1,001 BTC held for 3 to 5 years has recently been moved. These transfers were recorded on October 21, 23, and 24. The chart titled Spent Output Age Bands shows sharp spikes in red, indicating activity from wallets last active between 2020 and 2022. Source: CryptoQuant This type of movement is usually linked to long-term holders. These coins have remained untouched for several years and are now re-entering circulation. Events like this often raise questions about the possible intent behind the transfers, especially when they happen during strong market conditions. Price Remains Stable Despite Dormant Coins Moving During the same period, Bitcoin’s price remained steady. After briefly falling below $108,000 on October 23, it quickly recovered and reached over $111,000 by October 24. The current price was $110,148, with a 24-hour trading volume of $54.4 billion. There was no large drop in price after the coins moved. This suggests that the market is absorbing the activity without panic or heavy selling. Liquidity remains high, which helps support price levels even when older coins are unlocked. SOPR Shows Profit Realization by Long-Term Holders The Long-Term Holder SOPR, which tracks if old coins are sold at a profit or loss, stayed above 1.0 throughout the past month. Values above 1 mean the coins were sold for more than they were bought. Several spikes above 2.0 were recorded, showing stronger profit-taking during price swings. Bitcoin’s price moved between $124,000 and $106,000 during the same window.… The post Will 1,001 BTC Rattle the Market? appeared on BitcoinEthereumNews.com.  Key Insights: 1,001 BTC from 3–5 year-old wallets moved, raising market attention amid stable price action. Long-term holder SOPR remains above 1.0, showing coins are being sold at clear profits. MACD on monthly chart nears crossover, echoing previous 70% drops after similar signals. Old Bitcoin Wakes Up: Will 1,001 BTC Rattle the Market? Data from CryptoQuant shows that 1,001 BTC held for 3 to 5 years has recently been moved. These transfers were recorded on October 21, 23, and 24. The chart titled Spent Output Age Bands shows sharp spikes in red, indicating activity from wallets last active between 2020 and 2022. Source: CryptoQuant This type of movement is usually linked to long-term holders. These coins have remained untouched for several years and are now re-entering circulation. Events like this often raise questions about the possible intent behind the transfers, especially when they happen during strong market conditions. Price Remains Stable Despite Dormant Coins Moving During the same period, Bitcoin’s price remained steady. After briefly falling below $108,000 on October 23, it quickly recovered and reached over $111,000 by October 24. The current price was $110,148, with a 24-hour trading volume of $54.4 billion. There was no large drop in price after the coins moved. This suggests that the market is absorbing the activity without panic or heavy selling. Liquidity remains high, which helps support price levels even when older coins are unlocked. SOPR Shows Profit Realization by Long-Term Holders The Long-Term Holder SOPR, which tracks if old coins are sold at a profit or loss, stayed above 1.0 throughout the past month. Values above 1 mean the coins were sold for more than they were bought. Several spikes above 2.0 were recorded, showing stronger profit-taking during price swings. Bitcoin’s price moved between $124,000 and $106,000 during the same window.…