Bitcoin Accumulation Addresses: The Silent Sentinels in the Crypto Landscape
What Are Bitcoin Accumulation Addresses?
Bitcoin accumulation addresses are those that are owned by entities that intend to hold onto their Bitcoin for the long term. What differentiates them from the rest? They have never withdrawn, continue to deposit Bitcoin consistently, and have zero ties to exchanges, miners, or smart contracts. Essentially, they are the wallets of those who have buying power to hold and not trade; their activity is often scrutinized as it can give insights into market trends.
What is happening with those addresses now?
Recently, Bitcoin accumulation addresses have gained a spotlight, having gathered a staggering total of 75,000 BTC within a mere ten days. This kind of buying behavior typically signifies that wealthy…
