Cointelegraph Consulting: Institutions keep the Bitcoin bull market on track
Volatility and funding rates surge, but large BTC holders continue to accumulate. As the institutional investment narrative continues to play out, on-chain metrics show the continued accumulation of BTC in large addresses is still ongoing, with an increase of 9% during the previous 30 days alone. This was slightly offset by the decrease in addresses holding 10-100BTC, indicating that smaller “whales” were finding the chance to take profit too good to pass up. The year started with a surging increase in volatility and trading volume, with BTC setting a new all-time high at $41,941 before....
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