Analysts have recorded a rare movement of almost 32,000 BTC
Date: 2025-08-19 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
On August 16, 2025, the Bitcoin blockchain recorded the movement of 31,968 BTC, acquired three to five years ago. At the current rate, the value of these assets exceeded $3.7 billion. According to CryptoQuant, this is the first such case in more than a year, which makes it a particularly significant event for the market.
Experts emphasize that such large transfers rarely go unnoticed, since in the past they coincided with key reversals in the trends of the first cryptocurrency. History shows that such surges in capital movement often foreshadowed either the achievement of local minimums or the formation of new price maximums.
For example, on January 24, 2024, the transfer of 33,803 BTC coincided with the formation of a market bottom. Two months later, on March 23, the movement of 95,090 BTC coincided with a local peak. In June of the same year, the movement of 43,641 BTC increased selling pressure, accelerating the market's decline. And on July 30, when almost 30,000 BTC were transferred, the market recorded a new maximum. The last time such activity was observed before the current event was on December 24, 2024, when 23,012 BTC were moved, which also coincided with a local increase.
CryptoQuant analysts note that the current volume is comparable to past cases, which means it cannot be ignored. "Such movements often become an indicator of key market points. Therefore, the current event may be the beginning of a new trend," the company said in a report.
Additional attention from investors is attracted by the fact that the assets involved in the transaction were stored for several years. This indicates that their owners could have been deliberately waiting for a convenient moment to withdraw or redistribute capital.
The context is reinforced by market forecasts. Recently, Canary Capital CEO Stephen McClurg said that Bitcoin could reach $150,000 as early as 2025. Against the backdrop of such statements, rare movements of large sums become even more important.
While it is too early to draw final conclusions, experts agree that such large-scale movements in Bitcoin can again become a starting point for a change in market sentiment. Historical experience suggests that they should not be ignored, even if the market reacts with a delay in the short term.
Thus, the August transaction for $3.7 billion becomes an important signal for market participants, which can affect the dynamics of Bitcoin in the coming months.
