Summary
- It was reported that last year, small investors accumulated over 1 million Bitcoins.
- It indicates that individuals and small enterprises are accepting Bitcoin as a long-term store of value.
- It was added that Bitcoin is being positioned as a hedge against inflation and global economic instability.
Last year, the amount of Bitcoin (BTC) accumulated by small investors reached 1 million.
On the 2nd, CryptoQuant contributor CrazyBlock reported in a report that "while institutional investors' entry into the cryptocurrency market drew attention last year, small investors also accumulated over 1 million Bitcoins during the same period."
He explained, "This indicates that individuals and small enterprises are increasingly accepting Bitcoin as a long-term store of value," adding that "trust in the future of digital assets is growing."
Furthermore, he added, "This indicator is evidence that the cryptocurrency market is maturing and that its actual use cases are expanding," noting that "individuals are considering Bitcoin as a hedge against inflation and global economic instability."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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