Data: The number of addresses holding between 1,000 and 10,000 BTC is increasing, indicating growing investor confidence
CryptoQuant released data indicating that Bitcoin whales are accumulating, with addresses holding between 1,000 to 10,000 BTC (excluding exchanges and miners) on the rise, suggesting growing investor confidence. Historically, this tends to drive up the price of Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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