glassnode: Large holders actively hoard BTC, with an address hoarding index of approximately 0.9 for addresses holding over 10000 BTC
According to Foresight News, as monitored by Glassnode, Bitcoin Whales are making a strong comeback in the market, with addresses holding over 10000 BTC exhibiting an almost perfect hoarding index (around 0.9), followed closely by wallets holding 1000 to 10000 BTC (around 0.7), and addresses holding 100 to 1000 BTC also shifting towards hoarding (around 0.5). So far, large investors have been buying to drive this round of upward trend.