Large Bitcoin Holders Increase Holdings Significantly
- The Fish-to-Shark cohort has accumulated 110,000 BTC in the last month.
- This increase marks the highest level of accumulation since the FTX collapse in late 2022.
- The data was reported by blockchain analytics firm Glassnode.
- The Fish-to-Shark cohort typically consists of large holders transitioning from smaller wallets.
The significant purchase of BTC by large holders indicates a potential shift in market sentiment among major investors, particularly following a turbulent period marked by the FTX incident.
In total, these large holders have acquired 110,000 BTC, showcasing their renewed interest and confidence in Bitcoin’s value post-2022 crisis.
