Mars Finance News, on March 30, CryptoQuant analyst Maartunn reported that approximately 8,000 BTC that had been dormant for five to seven years were recently transferred, intensifying current bearish concerns about cryptocurrencies. These BTC were reportedly transferred in a single block, with a value reaching $674 million. Generally, large amounts of BTC moving from long-term dormant states are typically interpreted as a signal of imminent selling pressure that could lead to significant price retracements, but there are also other non-bearish motivations, such as institutional investors or whale wallet reorganization.