Analysis: The number of new Bitcoin wallet addresses has stabilized, and whale accounts and institutional funds dominate the market

PANews reported on June 20 that according to a Matrixport report, Bitcoin ETFs attracted over $45 billion in inflows, with an average monthly inflow of $2.6 billion, and strong demand from institutions and enterprises. However, the price of Bitcoin stagnated around $105,000, and the number of new wallet addresses also stabilized. The report pointed out that market supply is being absorbed by a small number of investors with strong financial resources, limited inflows from retail investors, and whale accounts and institutional funds dominate the market. Future price trends may face a key test.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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