Since early April, bitcoin kits have predominantly pursued a hoarding strategy.
This week, Santiment reported that addresses controlling between 1,000 and 10,000 BTC have invested about $2.3 billion in the cryptocurrency in more than a month, with a total of 84,897 bitcoins.
Now this category of investors holds 23.86% of the total cryptocurrency supply. However, sell-offs may resume in the near future.