Bitcoin's Key Stakeholders Absorbing the Loose Coins Shed By Retails

π³ In a tale as old as time, Bitcoin whales are stacking up more coins during crypto's mid-sized drop and major volatile conditions.
π For small retail traders, especially the ones who first entered the markets in the past 6 months, the volatility is causing them to liquidate.
π Overall, February has seen a growth of 135 more 100+ BTC wallets, and a plummet of 138,680 <100 wallets.
π This is an ideal setup for crypto market caps to rise, even if it takes a few more weeks (or even months) to see the generally bullish impact of coins being absorbed by whales.
Thanks for reading!
If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!
Never miss a post from brianq!
Get 'early bird' alerts for new insights from this author
Conversations (0)