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Inflows to HODLer Wallets Reach Record High, Indicating Bullish Signal for Bitcoin.

Bitcoinist LogoBitcoinist3 mo ago

 Inflows to HODLer Wallets Reach Record High, Indicating Bullish Signal for Bitcoin. - Bitcoinist

Quick Summary:

On-chain data shows the Bitcoin inflows going towards “accumulation wallets” have hit a new all-time high, a sign that could be bullish for the asset.

From the graph, it’s visible that the indicator has registered a large spike just recently.

During this latest spike, the indicator, in fact, set a new record as a whopping 25,300 BTC (almost $1.3 billion) flowed into these wallets.


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 Inflows to HODLer Wallets Reach Record High, Indicating Bullish Signal for Bitcoin. - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-02-22 @ 00:00:55 (3 months ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 447 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 20173109

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story " Inflows to HODLer Wallets Reach Record High, Indicating Bullish Signal for Bitcoin." has 447 words across 36 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story " Inflows to HODLer Wallets Reach Record High, Indicating Bullish Signal for Bitcoin." was covered 3 months ago by Bitcoinist, a news publisher based in Hungary.

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The outlet is headquartered in Hungary and publishes an average of 11 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #20173109
  • URL: https://beamstart.com/news/bitcoin-bullish-signal-inflows-to-17085607649383

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