Veteran Coin Movement

Definition ∞ Veteran coin movement is the transfer of digital assets that have remained dormant in a wallet or address for an extended period, typically several years, indicating activity from long-term holders. This movement can signal various events, such as profit-taking, rebalancing portfolios, or transfers to exchanges for sale. It often attracts significant market attention due to its potential impact on supply dynamics. Such movements are closely monitored for market signals.
Context ∞ Cryptocurrency news frequently reports on veteran coin movements as a key on-chain indicator for assessing the sentiment of long-term investors. Large movements of previously dormant coins can sometimes precede significant market volatility or supply shifts. Understanding these movements provides insight into the actions of highly experienced market participants.