Long-Term Bitcoin Holders Accumulate 262K Bitcoins In The Past 30 Days!

Crypto Live News

Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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According to data from CryptoQuant, in the past 30 days, long-term Bitcoin holders have increased their supply by a staggering 262,000 BTC. This accumulation has brought their total holdings to an impressive 14.82 million Bitcoin, which represents 75% of the total Bitcoin supply. The accumulation of 262,000 BTC in just one month highlights long-term confidence amidst short-term market fluctuations. Bitcoin fell over 6% in yesterday’s trading session, which is the worst drop since the August 5 crash. It is still down over 3% trading at around $60,000. 

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