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Bitcoin's Biggest Holders Increased Their Holdings by About 328,000 BTC in the Past Month

Bitcoin's Biggest Holders Increased Their Holdings by About 328,000 BTC in the Past Month

2024/03/18 16:44
BTC-0.66%

Data from Glassnode, an on-chain analytics firm, shows that large Bitcoin holders are still accumulating Bitcoin "like crazy," with: 1. Bitcoin Mega Whales (entities holding 1,000 BTC or more) increasing their holdings by a total of approximately 84,000 BTC in the approximately 30 days ending March 17th; 2. Giant Sharks (entities holding between 100 BTC and 1,000 BTC) increased their holdings by a total of approximately 244,000 BTC in the approximately 30+ days ending March 17th.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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