Fresh addresses are accumulating Bitcoin despite the heavy price drawdown

Mid-term and veteran holders increase their Bitcoin stakes despite price slump.

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

As Bitcoin's price slipped by 6.25% in the second week of January, subtle shifts in market behavior emerged, telling a deeper story. New buyers felt instant pressure, while mid-term holders snapped up coins, leveraging the dip. Curiously, long-term veterans displayed differing strategies: some took profits, but the most seasoned showed formidable conviction, dramatically increasing their holdings. This purchasing pattern suggests a robust foundation for potential future price actions. But why are these mid and long-term investors so confident in the face of volatility? Discover the strategic insights driving their decisions...