<h2 id="key-points">Key Points</h2>
<ul>
 <li>Bitcoin whales now hold over 20% of the total Bitcoin supply, reflecting a 5% increase in the past six months.</li>
 <li>Bitcoin’s exchange reserves continue to decline, indicating a long-term hold strategy by many investors.</li>
</ul>
<h2 id="bitcoin-whales-increase-accumulation">Bitcoin Whales Increase Accumulation</h2>
<p>Bitcoin accumulation has significantly risen in recent months, especially by addresses holding between 100-1,000 <a href="https://coineagle.com/price/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a>.</p>
<p>These addresses now hold over 4 million BTC, which is more than 20% of the total Bitcoin supply. This is a 5% increase compared to six months ago.</p>
<p>This increase in accumulation indicates a growing confidence in Bitcoin’s long-term potential, especially amid volatile market conditions.</p>
<h2 id="decline-in-bitcoin-s-exchange-reserves">Decline in Bitcoin’s Exchange Reserves</h2>
<p>The recent accumulation by large addresses is a bullish sign, and the decreasing trend of Bitcoin’s exchange reserves reinforces this positive outlook.</p>
<p>According to CryptoQuant data, Bitcoin reserves on exchanges have consistently declined.</p>
<p>The current exchange reserve stands at about 2.68 million BTC, a decrease from roughly 2.93 million BTC six months ago.</p>
<p>This decline, along with the increase in Bitcoin accumulation, suggests that many holders are choosing to hold onto their Bitcoin rather than sell or trade it.</p>
<p>This indicates a long-term hold strategy and growing confidence in future price appreciation.</p>
<p>The reduction in exchange reserves and increased accumulation suggest a tightening supply, which could lead to upward price pressure.</p>
<h2 id="bitcoin-s-price-increase">Bitcoin’s Price Increase</h2>
<p>In the latest trading session, Bitcoin’s price increased by over 1%, reaching around $54,881.</p>
<p>At the time of writing, Bitcoin’s price has risen further to approximately $55,300, with a slight increase of less than 1%.</p>
<p>When the accumulation phase began, Bitcoin was trading above $60,000. This means that early accumulators are currently holding their assets at a loss.</p>
<p>However, if Bitcoin can break above the $65,000 price range, early accumulators could shift into significant profit territory.</p>

Impact Analysis of 4 Million Bitcoin Stake Held by Key Group

Table of Contents

CoinEagle.com

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