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via Cointelegraph · By Cointelegraph Staff
Bitcoin Holder Accumulation Surged As Metrics Fell To Record Lows
BTC
BTC/USDT
$79,630.90
-1.73%
$79,630.90
-1.73%
(24s)24h Volume
$17,605,596,310.89
24h H/L
$81,423.03 / $78,660.00
Change: $2,763.03 (3.51%)
Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate
-0.0016%
Shorts pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(06:11 PM UTC)
1 min read
Bitcoin's (BTC) lowest-ever readings on the daily and two-week relative strength index (RSI) are coinciding with steady accumulation across several investor cohorts, strengthening what one analyst called the "best thesis" for buying BTC.
Onchain data shows wallets holding 1,000–10,000 BTC added more than 53,000 BTC over the past 60 days, while smaller retail investors also increased their…
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