It took Bitcoin 846 days to update its record and confirm its key investment thesis: the cryptocurrency grows every four years. In other words, whenever an investor buys Bitcoin, the longest wait time for profit will not exceed this period.
Only 2.5 years have passed since the previous peak, and the price has already updated its maximum, breaking $69 thousand. The rule was confirmed ahead of schedule, leaving skeptics with nothing.
This rapid growth was fueled by the launch of spot ETFs in the United States, which provided investors with easier access to cryptocurrency. Now investment companies are actively including the new instrument in trading platforms, which is reflected in the growth of the total portfolio and turnover of crypto funds.
Immediately after updating the price record, Bitcoin rushed down, and the forced liquidation of positions on the futures market reached $1 billion. If we do not take into account short-term holders and speculators, the main group of sellers remains miners. This year their reserves have decreased by 15 thousand BTC to 1.82 million BTC
But the news about the activation of whales has not yet been confirmed. In contrast, the number of addresses containing more than 1 thousand BTC increased this year by 3.4% to 2094.
