On-Chain Activity Suggests Institutions Are Driving Recent Bitcoin Price Action, According to Crypto Analyst

Recent on-chain activity suggests that blue-chip investors are the force behind Bitcoin’s (BTC) latest price action, according to a popular crypto analyst. Ali Martinez tells his 45,800 followers on the social media platform X that there’s been a “noticeable decline” in the daily creation of new BTC addresses amid Bitcoin’s recent price surge. According the The post On-Chain Activity Suggests Institutions Are Driving Recent Bitcoin Price Action, According to Crypto Analyst appeared first on The Daily Hodl .