Glassnode: scammers continue to accumulate bitcoins
According to the market analysis by Glassnode, as long as the price of bitcoin before halving increases, long-term investors continue to buy cryptocurrency.
The previous accumulation was observed in January and early February 2020, but after reaching a price of $ 10,000, scavengers sharply reduced purchases, losing confidence in such a high rate.
After the collapse of all markets in March, hodlers actively bought the bottom in April and continue to accumulate bitcoins even after rising above $ 9,000. This may indicate long-term investors' confidence in the prospect of continued growth in the cryptocurrency market.