ChainCatcher reports that CryptoQuant combined on-chain data indicates that addresses holding between 1,000 and 10,000 BTC have decreased their holdings by 220,000 BTC year-over-year, marking the fastest decline since 2023. Notably, similar situations also occurred in 2021-2022, after which prices reached their peak.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CryptoQuant: Large Bitcoin investors' holdings experience the fastest decline since early 2023
ChainCatcher reports that CryptoQuant combined on-chain data indicates that addresses holding between 1,000 and 10,000 BTC have decreased their holdings by 220,000 BTC year-over-year, marking the fastest decline since 2023. Notably, similar situations also occurred in 2021-2022, after which prices reached their peak.