Bitcoin Wallet Distribution Shifts Amid ETF Adoption, Bitcoin To Hit 63,000 By March 2024

Recent data highlights significant shifts in the distribution of Bitcoin across various sized on-chain wallets, coinciding with the increasing popularity of ETFs. According to insights from Santiment feeds, the past 30 days have seen notable changes: – There has been a 7.4% increase, equating to 147 more wallets, holding at least 1,000 BTC compared to the previous month. – Conversely, there has been a reduction of 509,000 wallets holding less than 1 BTC, marking a 1.0% decrease. – Similarly, there are now 1,237 fewer wallets holding 1-1,000 BTC, reflecting a 0.1% decline compared to last month. 📊 #Bitcoin’s various sized

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