USDJPY
EURUSD
Crypto
Large bitcoin holders buy the most coins since the FTX collapse of 2022
Key Takeaways (30s Read)
Large Bitcoin holders have purchased the most coins since the FTX collapse last year.
Since the collapse of FTX in 2022, large Bitcoin holders are becoming active again. According to Glassnode, the so-called Fish-to-Shark cohort has added 110,000 BTC over the past 30 days. This trend indicates a recovery in confidence in Bitcoin among investors. Such movements are often seen as precursors to price increases, attracting significant attention to the upcoming market trends. Historically, the actions of large holders have a profound impact on the market, making them a key factor in predicting future directions. Additionally, the declining influx of new Bitcoin into exchanges could suggest increased accumulation intended for value retention amid macroeconomic uncertainties.
AI Analyst
AI Opinion
"The re-entry of large holders into the Bitcoin market could have significant implications for investor sentiment and market trends. Historically, purchases from major holders have often driven price increases, and the addition of 110,000 BTC suggests that their actions could alter the overall market direction. Furthermore, amid ongoing macroeconomic uncertainties, the accumulation of Bitcoin for value retention supports its credibility as a long-term investment. Should the purchasing trend among large holders persist, the price outlook could lean bullish, making it essential for traders to closely monitor these developments."
RECOMMENDED BROKER Trusted Broker
Maximize This Opportunity.
Turn AI-detected market inefficiencies into profit with industry-leading specs. There's a reason pros choose Exness.
Raw Spreads
0.0 pips~
Leverage
Unlimited
Execution
Instant
AI Market Analysis Team
Combining advanced AI algorithms with professional trader insights. We analyze market drivers 24/7 to provide objective trading scenarios.