The number of addresses holding between 100 and 1000 bitcoins has increased during this period.
According to Jinse Finance, Cryptoquant analyst Maartunn has released a chart showing that during this cycle, the number of addresses holding more than 1,000 bitcoin is rapidly decreasing. Meanwhile, the number of addresses holding between 100 and 1,000 bitcoin is increasing. This reflects that bitcoin supply is shifting from large entities to smaller ETF custody wallets.
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.
You may also like
Ethereum ecosystem network reaches a new all-time high in daily average TPS
Customer data from companies such as JPMorgan, Citigroup, and Morgan Stanley may have been stolen
The US government transfers $7.5 million in crypto assets, including NEXO, WETH, and TRX
Trending news
MoreCrypto prices
More
