2 billion, the highest monthly level in three years. Bitcoin's Continued Bull Run Driven by Institutional Investors Crypto investors and enthusiasts have been closely watching Bitcoin's recent price surge, with the leading cryptocurrency reaching new all-time highs almost daily. According to Glassnode, this surge has been largely driven by institutional investors, who have been pouring billions of dollars into Bitcoin. This influx of capital has been a major factor in Bitcoin's continued ascent, with analysts predicting even more growth in the coming months. Long-Term Holders Wake Up to Record Highs As Bitcoin's price continues to reach new highs, long-term holders of the cryptocurrency are starting to take notice. Glassnode's analysis shows that these holders, who have held onto their Bitcoin for at least a year, are becoming more active in the market. This suggests that they are either selling off some of their holdings or moving them to ...
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