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Bitcoin Giants Gain Momentum: They've Been Accumulating for a New Rally for 30 Days! - Coin Bulletin
Bitcoin (BTC) wallet movements of large investors are rapidly increasing. Wallets holding between 1,000 and 10,000 BTC are rising at a pace above their 30-day average.
According to data shared by CryptoQuant, the demand for Bitcoin from large investors has gained momentum recently. Wallets holding between 1,000 and 10,000 Bitcoin are rapidly increasing compared to their 30-day averages. This situation reflects the strong confidence and high demand of large investors in the market.
Investor confidence is increasing
The increasing interest of large investors in Bitcoin, who are quickly moving to expand their portfolios, is generally interpreted as a positive market signal. This type of increase indicates that Bitcoin is gaining more acceptance and that investors' confidence in cryptocurrency is strengthening.
According to the data in the visual, these wallets have shown a significant increase in the last few weeks. This behavior, which is often seen during periods when Bitcoin (BTC) prices are rising, indicates that large investors can have a major impact on the market.