PANews reported on April 19 that according to Cointelegraph, London investment company Abraxas Capital has increased its holdings by about 2,949 BTC in the past four days, worth more than $250 million. Analysis found that despite the continued increase in holdings by whales and institutional investors, the sharp fluctuations in medium-term Bitcoin holders (who hold Bitcoin for an average of three to six months) have raised concerns about volatility. Analyst Mignolet disclosed data showing that about 170,000 BTC are being transferred out of the group that holds them for 3 to 6 months. The behavior of these short-term holders may cause the current calm BTC price to not last long, which usually indicates that major fluctuations are about to occur.