Analysis: Bitcoin long-term holders were not distributed on a large scale and early tokens were re-enacted by the Coldcard hacking

On 14 August, according to information sent by CryptoQuant analyst Axel Adler Jr., the average moving line for the 30 days of the average currency of Bitcoin's hibernation rose to 19 days and, for the first time since the beginning of the year, to 365 days. Early accumulations of BTC are re-energizing. However, after the Goldcard hacking, this may not have been due to a sale, but to the transfer of a large number of BTCs to new wallets. The current rise in hibernation should therefore not be automatically interpreted as a distribution by long-term holders。