Data from IntoTheBlock reveals that in the final two weeks of August, addresses holding over $500 million in BTC have added a collective $1.5 billion to their reserves.
This marked accumulation suggests solid trust in Bitcoin's long-term sustainability, even as the market continues to be erratic.
Historically, such behavior has been a strong indicator of optimistic sentiment among seasoned investors, pointing to probable price jumps down the line.
Historically, such behavior has been a strong indicator of optimistic sentiment among seasoned investors, pointing to probable price jumps down the line.
