According to the data, Bitcoin holders are actively adding to their balances.
According to IntoTheBlock, which tracks on-chain data, Bitcoin holders continue to save. The platform said in the data it shared on its Twitter account, the owners continue to follow a model. As it is known, users should reduce their balances as prices peak; it tends to increase its balances as it drops 50% as it is now.
https://twitter. com/intotheblock/status/1487071357653368839
According to the shared chart, while the cumulative balances were 12.5 million BTC in November when Bitcoin made its last ATH, this balance decreased to 10 million BTC with the decrease in prices.
60.000 BTC Added In The Last 2 Months
Santiment, another leading blockchain analytics platform, also offered similar data. Bitcoin wallets with 100 BTC or more in them have accumulated 60,000 BTC in the last two months.