Bitcoin Accumulation by Large Holders Continues Amid Market Volatility

According to Foresight News, cryptocurrency market research firm Santiment has revealed that large Bitcoin holders are continuing to accumulate during the current market volatility. Data indicates that in February, the number of wallets holding 100 or more BTC increased by 135, while those holding less than 100 BTC decreased by 138,680. Notably, small retail investors who entered the market for the first time in the past six months have opted to liquidate their holdings due to market fluctuations. Santiment suggests that this trend of Bitcoin concentration among large holders creates an ideal environment for the rise in cryptocurrency market value, although it may take weeks or months for its impact to be realized.