Bitcoin accumulators have acquired 200,000 Bitcoins over the past month
Main objectives:
CryptoQuant reports that 200,000 BTC have been acquired by the accumulators in 30 days.
The event drives liquidity impact and potential market shifts.
Cumulative behavior often precedes short-term Bitcoin rallies.
Bitcoin accumulators have acquired 200,000 Bitcoins over the past month
The accumulation of 200,000 Bitcoins indicates strong interest from long-term investors amidst recent price volatility. It often signals potential price increases, considering the decrease in selling-side liquidity.
Recently, the addresses of the accumulators have shown increased activity, with 200,000 BTC moving in over a month. Ki Young Ju highlighted this trend through alerts tracking large Bitcoin purchases, reflecting shifts in demand. These addresses showcase a buy-and-hold strategy, reducing selling risks, especially during price declines.
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