The Number of Large Bitcoin Wallets is Growing
Number of addresses over a hundred Bitcoins is growing
Institutional investors continue to accumulate cryptocurrency. Yesterday, more than 12,000 Bitcoins were withdrawn from the Coinbase. Most likely, these coins will replenish someone's private vault. And there are many such examples.
According to Glassnode, the number of large investors in Bitcoin is growing. The level of addresses with 100-1000 BTC has increased in recent weeks. In the Bitcoins store their are funds for giants such as MicroStrategy, Tesla, Square and many follow their example.
High demand and the removal of Bitcoins from circulation led to the BTC growth. At the time of writing, Bitcoin is trading at $58.12 thousand. Today (May 8) there are four green candles on the Bitcoin chart. CoinMarketCap data. That's a good sign!