Bitcoin accumulation addresses—the key indicator for long-term holders—have experienced a notable decline, signaling a shift in market sentiment. According to data from Glassnode, the number of Bitcoin accumulation addresses has dropped from over 840,000 at the start of the year to around 815,000 by mid-April. This downward trend comes as a surprise, especially given the previously steady growth of these addresses during Bitcoin’s major price surges in 2021 and 2022.&middot

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