Bitcoin addresses with over 1,000 coins surge during recent market dip
Summary
The number of Bitcoin addresses possessing more than 1,000 BTC surged during the recent market downturn, suggesting robust accumulation by major investors, including institutions and high-net-worth individuals. This increase in whale activity occurred alongside Bitcoin's price movement from $80,000 to above $90,000, indicating that large players used the correction as a buying opportunity rather than selling. This sustained accumulation through volatility points to continued confidence among large holders regarding Bitcoin's long-term value proposition.
(Source:Crypto Briefing)