Bitcoin addresses holding between 1,000 and 10,000 BTC have experienced a significant decline, with a year-over-year decrease of 220,000 BTC, according to CryptoQuant. This marks the fastest reduction in large Bitcoin holdings since early 2023. Historical trends indicate a similar pattern was observed in 2021-2022, preceding a peak in Bitcoin prices.
Large Bitcoin Holders See Fastest Decline Since Early 2023
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