The increase occurred while inflows into centralized exchanges were near zero, suggesting that “there is organic buying demand rather than just funds moving to exchange addresses,” Lucas Outumuro, head of research at IntoTheBlock, wrote in a report.
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- Source: https://www.coindesk.com/markets/2023/09/01/large-bitcoin-holders-accumulate-15b-worth-of-btc-as-price-wavers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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