Analysis: Whales holding more than 10,000 BTC maintain a strong trend of increasing holdings
disclosed by glassnode, the group of whales holding more than 10,000 BTC continues to maintain a strong trend of accumulation (~0.7), leading the market. The group with smaller holdings - from less than 1 BTC to 100 BTC - is decreasing, while the group holding 10-100 BTC is currently hovering around 0.5, implying a possible shift towards accumulation. This indicates that the sentiment of medium-sized holders may be changing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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