Markets· ★★★· bullish·

On-chain analyst: Bitcoin holdings of new buyers climb to 4.27 million BTC

  • —New buyers' BTC holdings hit 4.27 million coins on October 11
  • —Holdings rose about 400,000 BTC in two months, roughly 2% of supply
  • —Average monthly increase was around 200,000 BTC
  • —Momentum buyers increased in September for the first time since January
Why it matters: The growing share held by new buyers may signal returning confidence in Bitcoin, though such accumulation is rare during rebounds from bear markets.
#BTC
Source: TokenPost
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