Bitcoin’s Retail Renaissance: Small Investors Flood Back After 4-Month Hiatus
The renewed participation from retail bitcoin investors points to a decrease in risk aversion.
The renewed participation from retail bitcoin investors points to a decrease in risk aversion.
Will BTC face another rejection at around $65,000?
The last instance of weekly negative flow among these whales occurred in May.
Whale activity signals upcoming price rallies for BTC.
Here's what could push BTC's price up in September.
Investors holding between 100 BTC and 1,000 BTC currently control a fifth of the asset's circulating supply.
While small traders are panic-selling amid price weakness, Bitcoin whales were busy stacking up more BTC.
As market uncertainty drives out traders, Bitcoin whales have added 94.7K BTC to their wallets over the last six weeks.
CryptoQuant data shows whales have accumulated $23 billion in BTC over the past month despite the ongoing market downturn.
Certain traders have left Bitcoin, believing the March ATH was the peak but Santiment suggests that rebound likelihood has increased.