According to current data, new investors are flocking to Bitcoin (BTC).
According to data provided by the on-chain analysis platform CryptoQuant analyst, new investors are flowing into Bitcoin. Bitcoin’s UTXO The analyst who uses data for more than 6 months The number of wallets holding Bitcoins has decreased rapidly compared to past bull cycles, and this is flows to new investors He said it meant.
While emphasizing that this flow will probably continue in the same direction in the coming period, more new investor entry He noted that it would happen. Analyst, new investor entry a clear bullish indicator reminded that:
New investors are flocking and we can expect many new “individual” investors to flock in the near future.
Eventually, this rate will continue to fall sharply, leading to the “true bull market” we desire.
