New Bitcoin buyers accumulated about 400,000 BTC over two months, raising their total holdings to 4.27 million BTC as of October 11. This increase represents roughly 2% of Bitcoin's circulating supply and is a significant rise compared to 340,000 BTC accumulated over seven months earlier in 2023. The price of Bitcoin is now about 2.6 times higher than during that earlier period, indicating that the recent accumulation required more capital and reflects stronger demand. Additionally, momentum buyers returned in September, which could boost market confidence and support an upward price trend, as such buyers typically increase holdings when prices rise above their cost basis.
New Bitcoin buyers accumulating 400,000 BTC over two months provides context for cryptocurrency market activity. For readers following the crypto sector, here is Pluang's market snapshot as of Oct 13, 2026 08:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 4 rose and 45 fell. Notable changes include EOS up 8.13%, VET down 8.50%, and SAND down 8.46%.
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