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Bitcoin Whales, Retail Investors Show Contrasting Behavior

According to new data, the divergence between Bitcoin whales and retail investors has grown exponentially. It’s important to note that the difference in the behavior of these entities could impact vulnerable retail investors in the long run.

Based on glassnode’s data, whale addresses were observed to be continually exiting their positions and selling off their BTC.

Conversely, retail investors continued to show interest in the king coin. The number of addresses holding more than 0.1 and 0.01 BTC both reached all-time highs, at the time of writing.

The rise in retail interest could be considered a positive sign for BTC. However, if the decline in whale interest continues, there could be a negative impact on the overall price of the coin. This contrast in behavior could have negative connotations for small investors.

(By Suzuki Shillsalot)

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