The illusion of movement: How Coinbase’s 800,000 BTC migration exposes the flaw in raw Bitcoin age metrics

Some of Bitcoin’s most trusted bottom signals rest on the simple assumption that when old coins move, something meaningful has changed. Traders and analysts often interpret that as renewed selling, fresh distribution, or signs that the market hasn't bottomed. That logic helped turn HODL Waves, Coin Days Destroyed, and long-term holder supply into some of […] The post The illusion of movement: How Coinbase’s 800,000 BTC migration exposes the flaw in raw Bitcoin age metrics appeared first on CryptoSlate.