As the Bitcoin market continues to mature and gain more liquidity, a few addresses are holding large amounts of the asset. The activities of these wallets have significantly varied in the last 30 days when Bitcoin price made major strides. Data presented by cryptocurrency trading simulator Crypto Parrot indicates that 36% of the top 100 richest Bitcoin addresses recorded an inflow of 354,381 BTC worth $12.77 billion between December 11,2020 and January 11, 2021. The figure is at least 17 times more compared to the amount of Bitcoin sold by other addresses in the top 100 category. Regarding outflows, only…
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