Bitcoin whales increase holdings by 110,000 coins in a month, reaching a new high since the FTX collapse. Retail investors also increase their positions, indicating overall demand.

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Mars Finance News, according to Glassnode data, during Bitcoin’s recent sideways trading period, medium to large holders increased their holdings to the strongest level since the FTX collapse in 2022. Over the past 30 days, the group holding 10-1000 BTC (including high-net-worth individuals, trading institutions, and some institutional investors) has accumulated approximately 110,000 BTC, the largest single-month increase since Bitcoin dropped to $15,000 three years ago. This group currently holds a total of 6.6 million BTC, an increase of 200,000 BTC compared to two months ago. Meanwhile, retail investors are also adding to their positions. The group holding less than 1 BTC has recently increased by over 13,000 BTC, the largest increase since November 2023, bringing total holdings to 1.4 million BTC.

BTC-2,33%
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