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Bitcoin Key Stakeholders Snatching Up the Loose Coins Shed By Small Profit Takers

@brianq
1 min read
25.10.2024
BTC


🐳 Bitcoin's whale wallets, which we can define loosely as 100 or more BTC, have grown by 297 wallets (+1.9%) in just the past 2 weeks.

🐟 During the same timeframe, the amount of wallets with under 100 BTC has shrunk by 20,629 wallets (-0.1%).

📈 As the largest key stakeholders in crypto continue to scoop up more coins from dumping retail traders, this historically leads to bullish outcomes.

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