the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells.
as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.
source of the pic is reddit
This is not surprising as the bag holders of bitcoin will always maximize their purchase when they start seeing good opportunities to buy. The thing that weak hands fail to realize because instead of taking advantage of the current market scenario and maximize buying bitcoin, they resort into panicking and sell everything they have. So they all sell for a loss, something that strong hands in the market will never do.as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.
source of the pic is reddit