48 new Bitcoin treasuries popped up in just 3 months: Bitwise

Rachael Lucas, an analyst at BTC Markets, said the growing accumulation of Bitcoin suggests “larger players are doubling down.”

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💡 DMK Insight

The increasing accumulation of Bitcoin by larger players signals a shift in market dynamics, as institutional confidence appears to be strengthening. This trend could reshape sentiment among retail investors, who may interpret this as a bullish indicator for the cryptocurrency's future. As these larger entities position themselves, it suggests a potential for increased volatility, but also a more robust market foundation moving forward.