Bitcoin has experienced increased volatility in recent months, but there has been no significant reduction in large currency holding addresses. Coinpedia quoted data from the chain that the holding of 1,000 to 10000 BTC wallets had continued to increase since late May, a trend that had not been interrupted even if the currency price had fallen by more than 17 per cent over the stage.
48,000 more in the last month.
According to the text, this round increase began at approximately the beginning of May, when Bitcoin prices were about $80,000. The market has since been disrupted by macro-geo-geo-diverse factors, with the most recent quoted price of $66,256, but large households continue to buy in.
According to the data quoted in the article, the total number of wallets in this warehouse area increased by about 48,000 BTCs over the past month, to 3.09 million, which is close to the level of February this year.
- Storage range: 1000 to 10000 BTC
- Increase in recent months: approximately 48,000 BTCs
- Total warehouse: approximately 3.09 million BTCs
We haven't turned to sales since we got more volatility.
According to the article, such addresses are closer to institutions or long-term funding, operating in a more phased manner than waiting for a single entry point. In other words, in the phase of price shock amplification, this portion of the funds was not clearly diverted to sale because of short-term reversals.
The report also mentions that recent developments in global encryption regulation have also been seen by some market participants as one of the medium- and long-term contextual factors. The original text also referred to the signing by President Trump of a programme of ethics that limited the benefits to senior officials of the encryption policy that he had been involved in, and stated that Japan and Russia, among others, were moving faster in the direction of encryption regulation.
The chain and the moon indicators are on the line.
In addition to the change in hold, several common market indicators are listed. One is MVRV and CVDD, which are used to observe bitcoin cycle locations. According to the text, the potential end of the cycle for this group of indicators is roughly $40,000 to $50,000.
Another group was highlighted as lunar technology signals. According to the article, the current monthly line RSI is below 43.65, the Chande Momentum Oscillator is negative 71 and the Bitcoin price is running near the 50-month average. These three signals are presented in parallel, and it is considered that the region has historically been more likely to attract additional rather than empty funding.
Overall, the core message of the report was not that prices had been reversed, but that the bitcoin recall phase continued to absorb large addresses. This is often seen as a reference for the market to observe medium- and long-term financial attitudes.