Tag: accumulation

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Top 100 Bitcoin addresses accumulated $11B more BTC in the past 30 days

Bitcoin’s top 100 richest addresses have snapped up almost 350,000 more BTC in the last 30 days. The top 100 richest Bitcoin addresses are increasingly bullish, accumulating 16% more Bitcoin over the last 30 days.  In total these addresses added 334,000 more Bitcoin to their bags, or around $11 billion worth. The majority barely reacted…
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Grayscale Is Now Buying 1.5 Times the Amount of Bitcoin Being Mined

Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the halving. Crypto fund manager Grayscale Investments is accumulating Bitcoin at a rate equivalent to 150% of the new coins created by miners since the May 11 block reward halving. …
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