Mid-to-large BTC investors accumulate 110K coins in 30 days, most since FTX

Mid-to-large investors holding between 10 and 1,000 BTC have accumulated approximately 110,000 BTC over the past 30 days, the largest increase since the collapse of FTX in 2022, CoinDesk reported, citing data from Glassnode. The total holdings of this cohort have risen from 6.4 million BTC two months ago to a current level of 6.6 million BTC. Additionally, smaller investors holding less than one BTC added over 13,000 BTC during the same period. CoinDesk noted that these trends suggest many investors perceive the current BTC price level as undervalued, which is driving broad-based market demand.