CryptoQuant: Bitcoin long-term holders are accumulating at the fastest pace in over a year
ChainCatcher message, CryptoQuant analysts stated: "Bitcoin whales have been increasing their holdings at a monthly growth rate of 6.3%, the fastest pace since April 2023, indicating a rising demand for Bitcoin."
CryptoQuant reports that due to the ongoing growth of stablecoin liquidity not fully unfolding, Bitcoin prices may take longer to bottom out and start a new upward trend.
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