According to Glassnode, the number of addresses holding at least 100 bitcoins has also grown slightly, reaching 18,026 units on April 20. At the same time, the number of small holders with 10 coins or less is reduced from the beginning of January.
Bitcoin Chita, who own more than 10,000 coins, continue to actively accumulate cryptocurrency, buying at a reduction in price. They know what will happen next in the market, experts of Glassnode explained.
An increase in the number of bitcoin-kits during a decrease in the coin course indicates a high level of trust in the first cryptocurrency by professional investors. The current accumulation indicators are comparable to periods previous rally in the past, analysts say.
Earlier, the experts of The Block reported that the number of Bitcoin search queries in Google has reached 34 points in March, which is the maximum indicator from the beginning of the year.
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.