As the institutional investment story continues to unfold, on-chain statistics show that the continued accumulation of BTC in major addresses is still ongoing, with a 9% increase in the past 30 days alone. This was somewhat offset by the 10-100BTC decrease in addresses, indicating that smaller “whales” thought the opportunity to make a profit was too good to pass up.

The year started with an increasing increase in volatility and trading volume, with BTC sets a new all-time high at $ 41,941 before falling back below $ 32,000. In addition, annual volatility peaked at 97%, a figure not seen since April 2020.