One cohort has stood out in terms of accumulation trends amid the market rally in recent weeks, strategically positioning themselves in response to a landmark development in the cryptocurrency sphere — the introduction of Spot Bitcoin ETFs. Which group saw the most significant change in their holdings, reflecting a sharp increase in confidence and anticipation of market growth? Unlock the secrets behind these strategic moves and discover how the dynamics between shrimps, crabs, fish, sharks, and whales are shaping the future of Bitcoin investing.
From shrimps to whales: Who's buying and selling during this rally?
03/15/2024 05:00The changes in Bitcoin supply held by cohorts from shrimps to whales show how each investor class is positioning for the future.
From shrimps to whales: Who’s buying and selling during this rally? 4 mins ago · 3 min read
Bitcoin's supply distribution changes reveal how each investor class is positioning for the future.
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.