Definition ∞ Experienced Holder Activity refers to the on-chain transactional patterns of long-term cryptocurrency holders, often called “hodlers.” This activity is analyzed to discern market sentiment, accumulation phases, or potential distribution events. It provides insights into the behavior of those who have held assets for extended periods. Their movements can signal conviction or a change in market outlook.
Context ∞ News frequently reports on Experienced Holder Activity as a significant on-chain metric for understanding market trends and investor conviction. The current situation often involves tracking their accumulation or divestment phases to predict market turning points. A critical future development involves the increasing sophistication of on-chain analytics, allowing for more precise identification and interpretation of these holder movements.