Retail investors in Bitcoin have been continuously accumulating since May, adding 35,000 BTC in the past 30 days

ChainCatcher news, according to Coindesk, in the past 30 days, the accumulation in the Bitcoin ecosystem has significantly increased, with a net addition of approximately 88,000 BTC. This strong accumulation period lasted throughout September, with an accumulation scale about seven times the monthly Bitcoin issuance of 13,500 BTC.
Retail investors, especially small holders, played a crucial role. Investors holding less than 10 BTC, often referred to as "crabs" (holding 1 to 10 BTC) and "shrimps" (holding less than 1 BTC), collectively accumulated 35,000 BTC in the past 30 days. This trend of retail accumulation has been ongoing since May.

Another factor driving the rise in Bitcoin prices is the significant outflow of Bitcoin from exchanges. In the past 30 days, approximately 40,000 BTC left exchanges, indicating a decrease in liquidity. When Bitcoin is withdrawn from exchanges, it usually means that holders intend to keep it off the market, thereby reducing selling pressure and creating a favorable environment for future price increases, as 74% of the circulating supply is considered non-liquid assets.