Whales dive deeper into Bitcoin as smaller holders retreat amid ETF pressures

exchange68September 12, 2024

0 0 2 minutes read

In the dynamic world of Bitcoin investment, a fascinating behavioral split has emerged between different classes of holders. While the market reacts to GBTC outflows, larger holders, known as ‘whales,’ seem undeterred, displaying a surprising shift in their investment patterns. But what about the smaller investors — the so-called ‘crabs’? Their reaction tells an entirely different story of market sentiment. The data reveals an intriguing trend across various Bitcoin cohorts, with each group making strategic moves that could define the future of the market. Who’s really driving the market, and what could this mean for the future of Bitcoin? Unlock the full insight behind these divergent paths with CryptoSlate Alpha.

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