Key Notes

Bitcoin accumulation addresses spiked by 101% to hit 262,000 BTC from 160,000 BTC.

More than 50,000 BTC were added in a day amid the booming accumulation.

Analysts believe that growth in Bitcoin ETF flows will continue this trend.

On-chain data from analytics platform CryptoQuant shows that the number of addresses HODLing Bitcoin BTC $103 084 24h volatility: 1.7% Market cap: $2.06 T Vol. 24h: $61.37 B has seen a notable spike to 262,000. A few weeks ago, this figure was just around 130,000, suggesting that the current value is a 101% increase from its previous level. Darkfost, a CryptoQuant analyst, highlighted that this spike happened within two months.

50,000 BTC Added to Accumulator Addresses in a Day

Addresses accumulating BTC were reported

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