As political developments reshape market conditions, large Bitcoin investors have resumed accumulation, increasing their holdings from 16.2 million BTC to 16.4 million BTC since November 2024.
Despite renewed interest among large holders, overall demand for Bitcoin continues to lag, decreasing from an addition of 279,000 BTC in early December to just 75,000 BTC by January.
A significant drop in daily realized profits from 10 billion USD in December to 2-3 billion USD in January indicates reduced selling pressure, suggesting an easing in trading activities.