According to the source, over 32,000 BTC worth nearly $4B moved on-chain from wallets dormant for 3–5 years, marking the largest such transfer of 2025. Based on the source's data, the update does not specify whether these coins were sent to exchanges, so no direct inference about imminent sell pressure can be drawn solely from this movement. Based on the source's data, traders should await follow-up evidence such as exchange inflows and order-book shifts before positioning for potential BTC volatility.