Galaxy Digital (NASDAQ: $GLXY) says that the bear market in Bitcoin (CRYPTO: $BTC) is officially over and it’s now time to buy the biggest cryptocurrency by market capitalization.
Galaxy Research, the company’s “insights division,” points to a marked slowdown in BTC movement among older wallets as proof that the crypto winter is over.
According to the firm, Bitcoin in wallets that had remained untouched for at least five years are now moving at an average rate of 34,000 BTC a month, down from 47,000 BTC previously.
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