Studying Bitcoin wallets and the number of BTC they hold shows evidence of a growing pattern of accumulation of the digital asset. The number of Bitcoin addresses with a balance of more than one BTC has been consistently increasing since the launch of the cryptocurrency more than a decade ago.Despite volatility that has seen the…
Bitcoin is currently trading at $108K, up 27% since mid-April and now just 3.5% shy from setting a new all-time high. Despite being at what many consider a good selling point from a profit-booking perspective, holders are showing no signs of selling. In fact, Bitcoin investors are collectively sitting on a staggering $1.2T in unrealized…