ChainCatcher Message, CryptoQuant analyst DarkFrost states that the “accumulator” group addresses have increased their holdings by over 75,000 Bitcoins from the 1st to the 10th of this month. Among them, 40,000 Bitcoins were accumulated just from the 9th to the 10th. These addresses currently hold approximately 315,000 Bitcoins, and this trend is still rising. These investors continue to accumulate, seemingly unaffected by the current market conditions or momentum. Additionally, DarkFrost summarized the characteristics of “accumulator” addresses as follows: no outflows; the minimum amount of Bitcoin purchased in the most recent transaction; at least two purchase events (fund inflows); the address must hold a minimum total Bitcoin balance; must have been active at least once in the past 7 years; known exchange and miner addresses have been excluded; no smart contracts.
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Analysis: Bitcoin "accumulators" group addresses have increased their holdings by 75,000 BTC this month
ChainCatcher Message, CryptoQuant analyst DarkFrost states that the “accumulator” group addresses have increased their holdings by over 75,000 Bitcoins from the 1st to the 10th of this month. Among them, 40,000 Bitcoins were accumulated just from the 9th to the 10th. These addresses currently hold approximately 315,000 Bitcoins, and this trend is still rising. These investors continue to accumulate, seemingly unaffected by the current market conditions or momentum. Additionally, DarkFrost summarized the characteristics of “accumulator” addresses as follows: no outflows; the minimum amount of Bitcoin purchased in the most recent transaction; at least two purchase events (fund inflows); the address must hold a minimum total Bitcoin balance; must have been active at least once in the past 7 years; known exchange and miner addresses have been excluded; no smart contracts.