Bitcoin Accumulation Doubled: Long-Term Investors Strengthen

Recently, while the price of Bitcoin (BTC) has shown a decline, there has been a significant increase in the number of addresses accumulating Bitcoin. Over the past two months, these addresses have more than doubled, reaching record levels. Although slowdowns in overall market demand have been observed, these wallet holders, defined as long-term investors, continue to pursue an aggressive buying strategy.

According to data from a CryptoQuant analyst, over the past 30 days alone, more than 375,000 Bitcoin have been accumulated, marking the highest level recorded historically. Particularly, the behaviors of accumulation addresses that meet certain criteria indicate a long-term investor inclination. The CryptoQuant analyst reported that in just one day, 50,000 Bitcoin were added by such addresses, noting that the trend observed since September has accelerated.

The monthly accumulation average, which was around 130,000 Bitcoin two months ago, has now reached 262,000 Bitcoin. This indicates that investors are increasing their Bitcoin accumulations by making bulk purchases, unaffected by market fluctuations. According to the CryptoQuant analyst, these addresses have been active in the last seven years, have executed at least two purchase transactions, have not made any sales, and consist of wallets that are not known exchange or miner addresses.

It is stated that Bitcoin demand has increased during the decline. According to the analyst, the recently approved Bitcoin ETFs in the US are also accelerating the accumulation trend. These ETFs simplify access to Bitcoin for institutional investors, while individual investors continue to strengthen their long-term holding strategies. The accumulation rate of addresses in recent months has nearly doubled, and this trend is continuing to accelerate.

A crucial observation point for investors is the behaviors of these accumulation wallets and their ability to seize buying opportunities even when market demand fluctuates. Positive developments in the Bitcoin market provide opportunities that should not be missed for investors applying long-term investment strategies.