[Analysis] "Bitcoin accumulation addresses' holdings nearing 3 million BTC"

Source
Suehyeon Lee

Summary

  • The holdings of Bitcoin (BTC) accumulation addresses have increased significantly over the past two years, reaching 2.91 million BTC.
  • These accumulation addresses have continued to accumulate Bitcoin despite market volatility since January 2024.
  • An expert predicted that as the regulatory environment becomes clearer and Bitcoin is recognized as a reliable long-term asset, the accumulation addresses' holdings will surpass 3 million BTC before the end of 2025.
photo=CryptoQuant
photo=CryptoQuant

The holdings of Bitcoin (BTC) accumulation addresses are approaching 3 million BTC.

On the 16th (local time), CryptoQuant author burakkesmeci said, "These wallets, which held about 900,000 BTC from 2015 to 2024, have surged in the past two years and have now increased to 2.91 million BTC. This is a figure close to an all-time high."

These addresses have continued to accumulate steadily despite market fluctuations since January 2024. The author said, "The main reason is that Bitcoin has established itself as a reliable long-term asset as the regulatory environment has gradually become clearer," and predicted, "The holdings of accumulation addresses will exceed 3 million BTC before the end of 2025."

publisher img

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
What did you think of the article you just read?