Analysis: Bitcoin "accumulator" addresses have added 75,000 bitcoins this month

According to ChainCatcher, CryptoQuant analyst DarkFrost stated that the group of Bitcoin "accumulators" increased their holdings by more than 75,000 bitcoins between the 1st and 10th of this month. Of these, 40,000 bitcoins were accumulated just from the 9th to the 10th. These addresses currently hold approximately 315,000 bitcoins, and this trend continues to rise. These investors are continuing to accumulate, seemingly unaffected by current market conditions or momentum.

In addition, DarkFrost summarized the characteristics of "accumulator" addresses as follows: no outflows; the minimum amount of bitcoin purchased in the most recent transaction; at least two purchase events (inflows); the address must hold a minimum total bitcoin balance; must have been active at least once in the past 7 years; known exchange and miner addresses are excluded; no smart contracts.