Sanitation: Large holders have re-accumulated nearly 5000 bitcoins in the past week
According to online reports, according to Sanitation analysis, wallets holding more than 10 bitcoins have experienced several key turning points in the past six months. A slight sell-off from mid-February to early March has exacerbated the recent decline in the crypto market, but since March 3, these large wallets have re-accumulated nearly 5000 bitcoins, while retail investors are in panic. The data chart shows several key time points: on October 12 last year, large holders began hoarding in the early stages of the bull market; on December 26, hoarding was suspended during the holiday decline; on January 12, hoarding resumed one week before Trump's inauguration (Bitcoin hit a record high of $109,000); selling began on February 19; and on March 3, hoarding began again, when retail sentiment was at its most pessimistic. Sanitation said that although prices have not yet responded to large buying behavior, if these key stakeholders continue to hoard, the market performance in the second half of March may be better than the "blood wash" in the seven weeks since Bitcoin hit a record high.
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