🔥🔥🔥 Bitcoin whales now add just 1% to their BTC holdings per month: 🐳🐳🐳
♦️ Get 5$ per voting repeat daily voting just go to my profile cast your today vote♦️
📢 Bitcoin large-volume investors have slowed their BTC accumulation to a crawl versus the run-up to all-time highs earlier this year.
Bitcoin needs more demand to hit a new all-time high, new research says, as whale accumulation slows to a crawl.
In its latest weekly report seen by Cointelegraph, onchain analytics firm CryptoQuant says that “most” demand metrics currently show weakness.
Bitcoin whales ditch the FOMO
Bitcoin is still not a strong enough buy to attract the kind of investment that could send it to all-time highs.
According to CryptoQuant, larger BTC investors — equated to whales — have slashed the pace at which they accumulate coins since the most recent all-time high in March.
“Historically, a monthly growth rate of more than 3% in whale holdings has been associated with increasing Bitcoin prices, which is not the case at the moment.
Daily net inflows to the spot ETF products are just a fraction of their March tally, with last week’s daily average coming in at 1,300 BTC.
🔥🔥🔥🔥 NEW OPPORTUNITIES:
CARV will unlock new opportunities for:
DATA OWNERS: Enabling data monetization, control, and security.
INNOVATORS: Facilitating innovation and growth through access to high-quality data.
COMMUNITIES: Building decentralized, ecosystems. community-driven
♦️FUTURE DEVELOPMENTS:
CARV's future developments will include:
INTEROPERABILITY: Enabling seamless data sharing and utilization across platforms.
SCALABILITY: Ensuring efficient and secure data management for growing user bases.
INNOVATIVE APPLICATIONS:
Developing new use cases and applications for decentralized data.
