In addition to the impressive volumes shown by the #Bitcoin #ETF

18.02.2024
18.02.2024

In addition to the impressive volumes shown by the #Bitcoin #ETF, there is a clear jump in the supply of $BTC held in wallets of different sizes:

🐳 1K-10K $BTC wallets: $12.95B added in 2024
🐋 100-1K $BTC wallets: $7.89B will decrease in 2024
The net difference between these smaller and larger wallets, which are typically associated with the highest levels of active whales, indicates that 100-10K BTC wallets have accumulated approximately +$5.06B Bitcoin this year.

Additionally, the past 5 days have seen the highest level of transactions over $100K since June 2022. There is a clear increase in interest

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