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The number of addresses holding between 100 and 1000 bitcoins has increased during this period.
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According to Jinse Finance, Cryptoquant analyst Maartunn has released a chart showing that during this cycle, the number of addresses holding more than 1,000 bitcoin is rapidly decreasing. Meanwhile, the number of addresses holding between 100 and 1,000 bitcoin is increasing. This reflects that bitcoin supply is shifting from large entities to smaller ETF custody wallets.
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