June 29 (Cointime) - Despite Bitcoin's price remaining in the $30,000 range, there is a trend of accumulating the digital currency. A significant amount of coins are being directed into wallets with minimal or no spending history, indicating a preference for accumulation among long-term investors.
This sustained accumulation from various market participants highlights the confidence in Bitcoin's potential for continued growth. Institutional investors such as Microstrategy are also making notable strides in their BTC accumulation efforts, further contributing to the ongoing accumulation trend.
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