{"id":576151,"date":"2024-02-21T14:00:35","date_gmt":"2024-02-21T14:00:35","guid":{"rendered":"https:\/\/shenyangcang.com\/?p=576151"},"modified":"2024-06-11T07:57:41","modified_gmt":"2024-06-11T07:57:41","slug":"bitcoin-btc-sees-accumulation","status":"publish","type":"post","link":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/","title":{"rendered":"Bitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation"},"content":{"rendered":"

Bitcoin is <\/span>currently experiencing a retracement<\/span><\/a> after rising to as high as $53,000 on February 20. This recent dip has, however, not deterred <\/span>Bitcoin whales<\/span><\/a>, with these investors rather seeing it as an opportunity to accumulate more of the <\/span>flagship crypto token<\/span><\/a>.\u00a0<\/span><\/p>\n

Inflows To Accumulation Addresses Hit All-Time High<\/h2>\n

Ki Young Ju, the founder and CEO of the on-chain analytics platform Crypto Quant, revealed in an X (formerly Twitter) <\/span>post<\/span><\/a> that inflows into accumulation addresses have reached an all-time high (ATH) of 25,300 BTC. Young then highlighted the significance of this occurrence as he elaborated on what accumulation addresses are.\u00a0<\/span><\/p>\n

Related Reading: Ethereum Receives Nod Of Approval From Berstein: ETH Price Will Reach $10,000<\/a><\/div>\n

These accumulation addresses are said to have no outgoing transactions and have a balance that exceeds 10 BTC. Accounts belonging to <\/span>centralized exchanges (CEXs)<\/span><\/a> or miners are also excluded from this category of wallet addresses. Meanwhile, these addresses have received more than two incoming transactions, with the most recent occurring within the last 7 years.\u00a0<\/span><\/p>\n

Simply put, these addresses are the most bullish on Bitcoin and can be regarded as the ultimate \u2018<\/span>Bitcoin Diamond Hands<\/span><\/a>.\u2019 This development further highlights the <\/span>growing accumulation trend<\/span><\/a> as more investors continue to stack up their BTC holdings ahead of the <\/span>next bull run<\/span><\/a>, which is projected to begin after the Halving event.\u00a0\u00a0<\/span><\/p>\n

Interestingly, inflows into accumulation addresses hitting an ATH coincides with Michael Saylor\u2019s statement that he doesn\u2019t plan on selling any of his company\u2019s Bitcoin anytime soon. According to the tech executive, \u201cBitcoin is the exit strategy.\u201d Saylor\u2019s MicroStrategy is <\/span>reported<\/span><\/a> to hold 190,000 BTC BTC at the moment.<\/span><\/p>\n

Spot Bitcoin ETFs Also See Record-Breaking Day<\/h2>\n

Bloomberg analyst Eric Balchunas<\/span><\/a> noted in an X post that the newly listed <\/span>Spot Bitcoin ETFs <\/span><\/a>(referred to as \u2018The Nine\u2019) recorded their biggest volume day since Day one of launch. These funds are said to have seen about $2 billion in combined trading volume.\u00a0<\/span><\/p>\n

Related Reading: Dogecoin Begins Massive Recovery Trend, But Can These Factors Drive A Rally To $0.2?<\/a><\/div>\n

Balchunas further mentioned that this achievement was largely thanks to \u201cbig contributions\u201d from VanEck ($HODL), WisdomTree ($BTCW), and <\/span>Bitwise\u2019s ($BITB) Bitcoin ETFs<\/span><\/a>, which all broke their personal records. <\/span>VanEck\u2019s Bitcoin ETF<\/span><\/a>, in particular, <\/span>saw<\/span><\/a> more than a 14x increase in its daily average.\u00a0<\/span><\/p>\n

Highlighting how explosive this was, Balchunas <\/span>revealed<\/span><\/a> that VanEck Bitcoin Trust ETF recorded 50,000 trades on February 20. Meanwhile, this same fund had only seen just 500 trades on February 16. Interestingly, the Bloomberg analyst noted that these trades were more likely from retail investors rather than a single \u201cbig investor.\u201d<\/span><\/p>\n

At the time of writing, Bitcoin is trading at around $51,500, down in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Bitcoin<\/p>\n

BTC price reaches $51,200 | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
Featured image from CNBC, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Bitcoin is currently experiencing a retracement after rising to as high as $53,000 on February 20. This recent dip has, however, not deterred Bitcoin whales, with these investors rather seeing it as an opportunity to accumulate more of the flagship crypto token.\u00a0 Inflows To Accumulation Addresses Hit All-Time High Ki Young Ju, the founder and CEO of the on-chain analytics platform Crypto Quant, revealed in an X (formerly Twitter) post that inflows into accumulation addresses have reached an all-time high (ATH) of 25,300 BTC. Young then highlighted the significance of this occurrence as he elaborated on what accumulation addresses are.\u00a0 Related Reading: Ethereum Receives Nod Of Approval From Berstein: ETH Price Will Reach $10,000 These accumulation addresses are said to have no outgoing transactions and have a balance that exceeds 10 BTC. Accounts belonging to centralized exchanges (CEXs) or miners are also excluded from this category of wallet addresses. Meanwhile, these addresses have received more than two incoming transactions, with the most recent occurring within the last 7 years.\u00a0 Simply put, these addresses are the most bullish on Bitcoin and can be regarded as the ultimate \u2018Bitcoin Diamond Hands.\u2019 This development further highlights the growing accumulation trend as more investors continue to stack up their BTC holdings ahead of the next bull run, which is projected to begin after the Halving event.\u00a0\u00a0 Interestingly, inflows into accumulation addresses hitting an ATH coincides with Michael Saylor\u2019s statement that he doesn\u2019t plan on selling any of his company\u2019s Bitcoin anytime soon. According to the tech executive, \u201cBitcoin is the exit strategy.\u201d Saylor\u2019s MicroStrategy is reported to hold 190,000 BTC BTC at the moment. Spot Bitcoin ETFs Also See Record-Breaking Day Bloomberg analyst Eric Balchunas noted in an X post that the newly listed Spot Bitcoin ETFs (referred to as \u2018The Nine\u2019) recorded their biggest volume day since Day one of launch. These funds are said to have seen about $2 billion in combined trading volume.\u00a0 Related Reading: Dogecoin Begins Massive Recovery Trend, But Can These Factors Drive A Rally To $0.2? Balchunas further mentioned that this achievement was largely thanks to \u201cbig contributions\u201d from VanEck ($HODL), WisdomTree ($BTCW), and Bitwise\u2019s ($BITB) Bitcoin ETFs, which all broke their personal records. VanEck\u2019s Bitcoin ETF, in particular, saw more than a 14x increase in its daily average.\u00a0 Highlighting how explosive this was, Balchunas revealed that VanEck Bitcoin Trust ETF recorded 50,000 trades on February 20. Meanwhile, this same fund had only seen just 500 trades on February 16. Interestingly, the Bloomberg analyst noted that these trades were more likely from retail investors rather than a single \u201cbig investor.\u201d At the time of writing, Bitcoin is trading at around $51,500, down in the last 24 hours, according to data from CoinMarketCap.\u00a0 BTC price reaches $51,200 | Source: BTCUSD on Tradingview.com Featured image from CNBC, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":576165,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,83982,656,679,1119,89185,1122,1144,78790],"class_list":["post-576151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-accumulation","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt"],"acf":[],"yoast_head":"\nBitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation<\/title>\n<meta name=\"description\" content=\"Bitcoin is currently experiencing a retracement after rising to as high as $53,000 on February 20, before falling.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation\" \/>\n<meta property=\"og:description\" content=\"Bitcoin is currently experiencing a retracement after rising to as high as $53,000 on February 20, before falling.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-21T14:00:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:57:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?fit=929%2C523\" \/>\n\t<meta property=\"og:image:width\" content=\"929\" \/>\n\t<meta property=\"og:image:height\" content=\"523\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Bitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation\",\"datePublished\":\"2024-02-21T14:00:35+00:00\",\"dateModified\":\"2024-06-11T07:57:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/\"},\"wordCount\":462,\"publisher\":{\"@id\":\"https:\/\/shenyangcang.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?fit=929%2C523\",\"keywords\":[\"bitcoin\",\"bitcoin accumulation\",\"Bitcoin news\",\"bitcoin price\",\"btc\",\"BTC news\",\"btc price\",\"btcusd\",\"BTCUSDT\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/shenyangcang.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/\",\"url\":\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/\",\"name\":\"Bitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation\",\"isPartOf\":{\"@id\":\"https:\/\/shenyangcang.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?fit=929%2C523\",\"datePublished\":\"2024-02-21T14:00:35+00:00\",\"dateModified\":\"2024-06-11T07:57:41+00:00\",\"description\":\"Bitcoin is currently experiencing a retracement after rising to as high as $53,000 on February 20, before falling.\",\"breadcrumb\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#primaryimage\",\"url\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?fit=929%2C523\",\"contentUrl\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?fit=929%2C523\",\"width\":929,\"height\":523,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/shenyangcang.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/shenyangcang.com\/#website\",\"url\":\"https:\/\/shenyangcang.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/shenyangcang.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/shenyangcang.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/shenyangcang.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/shenyangcang.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/shenyangcang.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation","description":"Bitcoin is currently experiencing a retracement after rising to as high as $53,000 on February 20, before falling.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation","og_description":"Bitcoin is currently experiencing a retracement after rising to as high as $53,000 on February 20, before falling.","og_url":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-02-21T14:00:35+00:00","article_modified_time":"2024-06-11T07:57:41+00:00","og_image":[{"width":929,"height":523,"url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?fit=929%2C523","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#article","isPartOf":{"@id":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/shenyangcang.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Bitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation","datePublished":"2024-02-21T14:00:35+00:00","dateModified":"2024-06-11T07:57:41+00:00","mainEntityOfPage":{"@id":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/"},"wordCount":462,"publisher":{"@id":"https:\/\/shenyangcang.com\/#organization"},"image":{"@id":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#primaryimage"},"thumbnailUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?fit=929%2C523","keywords":["bitcoin","bitcoin accumulation","Bitcoin news","bitcoin price","btc","BTC news","btc price","btcusd","BTCUSDT"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/shenyangcang.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/","url":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/","name":"Bitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation","isPartOf":{"@id":"https:\/\/shenyangcang.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#primaryimage"},"image":{"@id":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#primaryimage"},"thumbnailUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?fit=929%2C523","datePublished":"2024-02-21T14:00:35+00:00","dateModified":"2024-06-11T07:57:41+00:00","description":"Bitcoin is currently experiencing a retracement after rising to as high as $53,000 on February 20, before falling.","breadcrumb":{"@id":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#primaryimage","url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?fit=929%2C523","contentUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?fit=929%2C523","width":929,"height":523,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/shenyangcang.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation"}]},{"@type":"WebSite","@id":"https:\/\/shenyangcang.com\/#website","url":"https:\/\/shenyangcang.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/shenyangcang.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/shenyangcang.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/shenyangcang.com\/#organization","name":"NewsBTC","url":"https:\/\/shenyangcang.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/shenyangcang.com\/#\/schema\/logo\/image\/","url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/shenyangcang.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/shenyangcang.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/shenyangcang.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/shenyangcang.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation","url":"http:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/shenyangcang.com\/news\/bitcoin-btc-sees-accumulation\/"},"thumbnailUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?fit=929%2C523"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin accumulation","bitcoin news","bitcoin price","btc","btc news","btc price","btcusd","btcusdt"],"dateCreated":"2024-02-21T14:00:35Z","datePublished":"2024-02-21T14:00:35Z","dateModified":"2024-06-11T07:57:41Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Dips Are For Buying: BTC Sees Record-Breaking Accumulation\",\"url\":\"http:\\\/\\\/shenyangcang.com\\\/news\\\/bitcoin-btc-sees-accumulation\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/shenyangcang.com\\\/news\\\/bitcoin-btc-sees-accumulation\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/shenyangcang.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/Bitcoin_73fcc2.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/shenyangcang.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/Bitcoin_73fcc2.jpeg?fit=929%2C523\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/shenyangcang.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin accumulation\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\"],\"dateCreated\":\"2024-02-21T14:00:35Z\",\"datePublished\":\"2024-02-21T14:00:35Z\",\"dateModified\":\"2024-06-11T07:57:41Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/shenyangcang.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/02\/Bitcoin_73fcc2.jpeg?fit=929%2C523","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/posts\/576151"}],"collection":[{"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/comments?post=576151"}],"version-history":[{"count":0,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/posts\/576151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/media\/576165"}],"wp:attachment":[{"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/media?parent=576151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/categories?post=576151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/tags?post=576151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}