- Bitcoin’s Mean Dollar-Invested Age has been dropping, showing older coins are moving and the network’s staying active.
- Profit-taking is helping fuel the rally rather than signaling the end of the bull market.
- Despite a 10% dip, sentiment remains bullish, with major BTC outflows and whales still moving big.
Despite the recent dip, Bitcoin still looks strong. Research firm Santiment pointed out that while some holders are cashing out, that doesn’t mean the bull run is cooling off. In fact, they’re seeing signs that the network’s getting more active, which usually means the market’s heating up, not slowing down.
Falling Holding Times Point to Market Strength
Santiment’s key metric here is MDIA—Mean Dollar-Invested Age. It’s basically the average time coins stay untouched in wallets. Since mid-April, MDIA has been dropping, suggesting that older coins are starting to move again. That might sound like profit-taking—and sure, some of it is—but it also means more activity, more utility, and often, more price momentum in the long run.
Big Traders Feel the Pain, But Sentiment Stays Upbeat
After slipping 10% from recent highs, BTC is now hovering just below $105K. Some big names took hits—Hyperliquid’s James Wynn, for example, got liquidated on a $99 million long.
Even so, the overall vibe? Still bullish. Huge chunks of BTC are still moving off exchanges, and traders see this correction as a healthy breather—not the end of the rally.
