Sell-Off by Small Bitcoin Traders Contrasted by Increasing Whale and Shark Holdings
Santiment revealed that small Bitcoin traders are selling off their stash, whereas whales and sharks are accumulating more.
Santiment revealed that small Bitcoin traders are selling off their stash, whereas whales and sharks are accumulating more.
Satoshi era wallet awakens, nets $3.05M from BTC worth under $50 over 14 years ago.
Bitcoin's brief tumble below $60,000 this week appears to have offered a profitable window for whale accumulation.
With Bitcoin now at over $67K, the recent transfer reflects a +1,700% increase from its $3,750 average acquisition price in
Sharks and whales have increased their Bitcoin holdings through market slumps.
Most whales have been quite active in the past few months, here are the details.
Bitcoin whales accumulated 20,000 BTC worth approximately $1.4 billion in the past seven days as BTC rallied to $71,000.
New whale accumulation and the consistency of long-term holders reinforce $60,000 as a critical support level for bitcoin.
Over the decade, the wallets have experienced a remarkable gain of 50,000%, showing bitcoin's substantial growth and long-term potential.
The amount of BTC whales accumulated in the past 24 hours increased their holdings by 15,121 BTC, bringing their collective