Bitcoin OG activity doubles as 1,500 BTC moves

Bitcoin holders whose coins have remained dormant for more than five years have doubled their spending activity since May, pushing the cohort’s 90-day average to about 1,500 BTC. Summary Five-year Bitcoin holders’ 90-day spent-output average has climbed to approximately 1,500 BTC. Activity has doubled from its May level as Bitcoin continues to trade within a tight range. Spent UTXOs show that old coins moved, but they do not confirm sales. Coldcard-related security concerns may account for part of the increased wallet activity. Bitcoin OG activity doubles from May levels CryptoQuant analyst Darkfost reported that activity among Bitcoin’s oldest holders has increased during the latest period of price consolidation. The analyst defines the group as investors whose coins had remained unspent for more than five years before moving onchain. 🗞️ OG Bitcoin Holders Are on the MoveOG activity has intensified during this consolidation phase.The 90-day moving average of spent UTXOs (STXO) from holders who have held BTC for more than 5 years just climbed to 1,500 BTC.As a reminder, a UTXO (Unspent Transaction Output)… pic.twitter.com/8kXvJ06XKH— Darkfost (@Darkfost_Coc) September 5, 2026 The 9...