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Bitcoin OG selling falls to 962 BTC as price holds near $62,600

Bitcoin OG selling falls to 962 BTC as price holds near $62,600

CryptoQuant data shows five-year holders’ 90-day average spent volume dropped below 1,000 BTC for the first time since November 2024, easing supply pressure while Binance inflows keep $60,000 in focus.

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Fact Check
Both the Cointelegraph and CoinPost articles independently report the exact figure of 962 BTC as the 90-day moving average spending of 5-year+ Bitcoin holders, citing CryptoQuant analyst Darkfost, and both state this is the lowest since November 2024. CoinDesk corroborates the broader 'slowed selling, bullish signal' framing. An additional independent search result (coin-turk) repeats the same 962 BTC figure. The claim matches the primary sourcing precisely.
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Summary

Selling by long-term Bitcoin holders has slowed further, with CryptoQuant data showing the 90-day average spent volume from wallets holding coins older than five years fell to 962 BTC, the lowest since November 2024 and described as a two-year low. The first drop below 1,000 BTC suggests easing distribution from OG holders, a shift that may reduce sell pressure alongside narrowing spot ETF outflows. Bitcoin traded around $62,600 to $62,776, but Binance inflows kept attention on the $60,000 level because rising exchange deposits can signal potential near-term selling supply.

Terms & Concepts
  • 90-day average spent volume: A rolling 90-day measure of how much Bitcoin older holders are moving or spending on-chain.
  • spot ETF outflows: Net investor withdrawals from spot exchange-traded funds that directly hold the underlying asset.
  • Binance inflows: Crypto deposits moving onto Binance exchange, often monitored for potential sell-side supply.