Bitcoin accumulation addresses surge as market optimism returns
Recent data from Glassnode indicates notable movements in Bitcoin accumulation addresses. The number of these addresses declined earlier this year, and a resurgence started in late April. This increase aligns with broader market optimism and Bitcoin’s price stabilization around $60,000. According to CryptoSlate, long-term holders have added nearly 70,000 BTC since the cycle’s bottom, reversing a previous divestment trend.
Produced by @Bitcoin_Magazine. • The most important crypto news of the day. • Only a few paragraphs . • One post per day. For advertising enquiries please contact me @BTCMagazineAdmin...
