Bitcoin Halving countdown – Why this 20-month high is sign of things to come

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Investors started to increase Bitcoin exposure in their portfolios as the countdown to the economically-significant halving event began.

, wallets holding between 10 – 10k coins amassed a total of 51,959 BTCs on the 24th of March, representing one of the largest accumulation days in recent memory.

Santiment stated that it would be “unsurprising” to see more accumulation activity from these wallets, considering that halving was around the corner.

 

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