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Bitcoin Adoption Growing Despite Volatility, But This Key Group Is Cashing Out

  • The adoption of Bitcoin is growing despite its volatility, as indicated by the increase in addresses for small investor groups (0 to 0.1 coins and 0.1 to 100 coins).
  • However, the number of addresses belonging to large holders (100+ coins) has seen a decline, which may be a sign of concern.
  • The initial crash in Bitcoin's price led to an increase in address counts for small investor groups, but volatility caused some investors to exit the market.
  • Bitcoin's price has recovered and is now above $90,000.

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