Large Bitcoin addresses holding between 10 and 10,000 BTC have increased their holdings by 61,568 BTC, or 0.45%, over the past month, according to Santiment. Meanwhile, wallets holding less than 0.01 BTC saw a 0.42% increase in their holdings, mirroring the accumulation pace of larger addresses. Analysts suggest that the continued accumulation by large holders could signal a potential breakout, although macroeconomic uncertainties and retail investor FOMO remain influential factors. Historically, when large holders accumulate while retail investors sell, it often indicates the start of a bull market cycle.
Large Bitcoin Holders Accumulate 61,568 BTC in March
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