In the past two months, new Bitcoin buyers have increased their holdings by 400000, and momentum buyers have reappeared after 8 months

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Chain analyst Murphy stated that as of October 11th, the number of new Bitcoin buyers held reached 4.27 million, with a cumulative increase of about 400000 BTC in the past two months and an average monthly increase of about 200000 BTC. During the period from January to August 2023, new buyers accumulated an increase of about 340000 BTC. In September, the market saw the first new momentum buyers since January this year, namely investors who continued to increase their holdings above their own holding costs.

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