PANews reported on May 28 that according to glassnode data, the activity of old Bitcoin holders has increased significantly recently, and the total transfer volume of the 1-5 year holder group reached 4.02 billion US dollars, the highest level since February this year. Among them, the 3-5 year holder group contributed 2.16 billion US dollars, the second highest in this cycle, second only to 6 billion US dollars in March 2024; the 2-3 year holder group contributed 1.41 billion US dollars; the 1-2 year holder group contributed 450 million US dollars.

This transfer activity of the 1-5 year holder group is the fifth largest peak in this cycle, mainly driven by old holders. Looking back at other transfer peaks in this cycle: $9.25 billion in October 2024 (dominated by the 1-2 year group), $6.11 billion in March 2024 (dominated by the 2-3 year group), $5.42 billion in February 2025 (dominated by the 2-3 year group), and $4.39 billion in November 2024 (dominated by the 3-5 year group). The current activity shows that old holders are accelerating the release of their Bitcoin.