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? From shrimps to whales: Who’s buying and selling during this rally?
Bitcoin's supply distribution changes reveal how each investor class is positioning for the future.
3 min read
Updated: Mar. 14, 2024 at 9:53 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.