Murphy: Long term holders transfer 32000 BTC, including transfers from the US government

Analyst Murphy stated that long-term holders (LTH) transferred 32000 BTC to the trading platform on October 7-8, including 17200 BTC transferred by the US government to Coinbase Prime. After excluding this special transfer, the remaining 14800 BTC come from long-term chips with a coin age of 6-12 months and 3-5 years. The daily average transfer of 2000-3000 BTC during the bear bull transition period LTH is within the normal range, and the market should pay attention to the turnover of chips.