For the first time in 5 years, the owners of the VTS have accumulated a record amount of cryptocurrency

According to CryptoSlate, from 2018 to 2022, bitcoin wallets containing 10 to 100 BTC accumulated more than 3.26 million coins in total, which is an absolute record.

However, analysts have several reservations about the accuracy of this data: it is unclear how many cryptocurrency wallets belong to exchanges, OTC financial institutions, or other organizations rather than individuals. There is also no clear information on whether these wallets are owned by new users or by old cryptocurrency holders.

In recent months, the number of bitcoin wallets that store small amounts has increased significantly. This indicates that there is a growing demand for BTC among small investors, and thus interest in bitcoin as a means of investment.

It should also be noted that the number of wallets containing 10 to 100 BTC has increased compared to those with 1 to 10 BTC. Experts have concluded that BTC holders are more willing to invest in cryptocurrencies.

The chart shows two types of retail bitcoin holders accumulating record amounts of the flagship cryptocurrency after the FTX crash. The first is traders who have been massively accumulating large amounts of BTC since early November. The second type consists of small investors who are not whales — they have been buying BTC en masse since mid-October, when the market began to show a drop. In addition, the data shows that the number of active retail investors has increased significantly during the reporting period, which means they feel more confident in the cryptocurrency market.

Cryptoslate analysts believe that small investors are likely to continue accumulating bitcoins in the near future. According to experts, this could lead to a potential recovery of the industry in the future.

As a reminder, today, December 5, the flagship cryptocurrencymanaged to rise by several percent and set a two-week record — the bitcoin rate rose to $ 17,304. Cryptocurrency experts believe that bitcoin is on the offensive, and investors should prepare for further growth in the crypto market.