Bitcoin Wallet Sizes: > 1,000 BTC has increased by 8%

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

MJShahsavar

The number of wallets with more than 1,000 bitcoins has grown by about 8% since February this year, but that will not be enough to reverse the bitcoin trend. We are witnessing a decline in the reserves of banks and miners. This is a sign of their bitcoin sales in recent months, and despite the relative decline in exchange reserves, it is still very high. More accumulation seems to be needed to start the uptrend cycle.

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