As shown in the graph, the Bitcoin Spent Output Age Bands” (SOAB) for the 7-10 years age band has shown an extraordinarily large spike recently. This means that a large number of these super dormant coins have just been transferred between wallets. Such spikes does not necessarily mean the coins are moving to Exchanges, but what it may mean though that there's a potential trade trigger given the amount of the coins movement. If watched closely, there may come a favorable chance for SATS accumulation - Source CryptoQuant.
As shown in the graph, the Bitcoin Spent Output Age Bands” (SOAB) for the 7-10 years age band has shown an extraordinarily large spike recently. This means that a large number of these super dormant coins have just been transferred between wallets. Such spikes does not necessarily mean the coins are moving to Exchanges, but what it may mean though that there's a potential trade trigger given the amount of the coins movement. If watched closely, there may come a favorable chance for SATS accumulation - Source CryptoQuant.
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