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Bitcoin hodlers moved $1.7 billion into ‘accumulation’ wallets during the BTC dip

Bitcoin holders added a record $1.7 billion worth of BTC to ‘accumulation’ wallet addresses in a single day as the price of Bitcoin fell below $63,000 earlier this week.

More than 27,700 BTC — worth $1.75 billion at current prices — was sent to accumulation addresses in a single 24-hour period between April 16 to 17, a new daily record for Bitcoin, per the latest data from CryptoQuant.

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