Bitcoin Whales Increase Holdings Amidst Market Changes
- Large bitcoin holders increased their holdings by 2% from January 14 to January 17.
- This marks the highest monthly growth rate since mid-December.
- Prominent buyers include MicroStrategy and KULR.
- Bitcoin selling pressure reduced after profits reached $10 billion in December.
- Long-term holders sold over 1 million BTC since September, with behavior stabilizing recently.
The bitcoin holdings of large investors grew by 2% in mid-January, driven by key buyers like MicroStrategy and KULR, while selling pressure has eased following high profit realizations in December.
Source (2.6)https://www.coindesk.com/markets/2025/01/24/bitcoin-whales-in-accumulation-phase-after-trump-inauguration-cryptoquant?rand=52298
