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Fresh addresses are accumulating Bitcoin despite the heavy price drawdown Fresh addresses are accumulating Bitcoin despite the heavy price drawdown

Fresh addresses are accumulating Bitcoin despite the heavy price drawdown

with insights from CryptoQuant

Mid-term and veteran holders increase their Bitcoin stakes despite price slump.

Fresh addresses are accumulating Bitcoin despite the heavy price drawdown

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

As Bitcoin's price slipped by 6.25% in the second week of January, subtle shifts in market behavior emerged, telling a deeper story. New buyers felt instant pressure, while mid-term holders snapped up coins, leveraging the dip. Curiously, long-term veterans displayed differing strategies: some took profits, but the most seasoned showed formidable conviction, dramatically increasing their holdings. This purchasing pattern suggests a robust foundation for potential future price actions. But why are these mid and long-term investors so confident in the face of volatility? Discover the strategic insights driving their decisions...