• This was the largest spike in the movement of BTC’s dormant supply in more than two years.
• Whales continued to add Bitcoin exposure to their portfolios.

Bitcoin [BTC] consolidated in the $64k — $67k range over the week, facing a stiff resistance at $68k.

At press time, the king coin was exchanging hands at $64.14k, 12% lower than the all-time high (ATH) hit earlier in the month, according to CoinMarketCap.

What to expect next?

However, days ahead could witness a significant bout of volatility. According to AMBCrypto’s analysis of Santiment’s data, many previously inactive BTCs started moving between addresses on the 23rd of March.