Study: “Whales” Accumulated Bitcoins Over 2021

According to Glassnode research, large long-term investors increased their holdings by 16% or 1.846 million BTC throughout 2021, bringing the reserves to 13.33 million BTC. At the same time, the number of short-term investors decreased by 32%, and their savings fell to 3.01 million BTC:

Throughout the past year, large players increased their positions by buying on strong drawdowns of bitcoin. Analysts suggest that this will help contain selling pressure in 2022 and stop the sales of speculators.

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