Large bitcoin investors have slowed their monthly coin accumulation rates to 1%, down from an average 3%. This is the conclusion reached by CryptoQuant. Why? What do these numbers mean?
According to the CryptoQuant report, large investors holding between 1,000 and 10,000 BTCs have slowed down their coin accumulation rates. This implies a weakening of investment interest from large institutional players, which is largely due to a decrease in inflows into spot bitcoin ETFs.
However, market forces are constantly changing, and it is necessary to take into account that the demand for bitcoin remains high. Despite the decline in activity among large investors, regular bitcoin hodlers continue to actively buy up coins, and their total balance is growing at a record pace - by 391,000 BTCs per month.
To invest large capital in spot BTC, investors need a favorable market environment when the price is in a bearish trend, otherwise buying can lead to a sharp increase in the price and an inflated average purchase of long positions.
Some may sell bitcoin or take a wait-and-see position. However, the continued high demand for an asset with a limited supply retains the potential for its further growth, as interest from institutional investors recovers.