Retaus investors rush to buy bitcoin with whale emptying; What does this mean for bitcoin?
Modern data on the series of Glassnode reveals that retailers, who are known as 1 BTC addresses, have formed their Bitcoin purchases in the past two months. Although this interesting trend between retail merchants Very For the leading encrypted currency, it was contradictory to the direction of deviation between the whale headlines, which were unloaded by bitcoin with an acceleration rate during this time frame.
Bitcoin retaliators accumulate at a record pace
Data from Glassnode reveals the series analyzes on the series that their retailers Significantly Bitcoin purchases since mid -December. On average, these smaller investors accumulated 10,627 BTC per day, an increase of 72 % compared to the daily average last year of 6,177 BTC.
this An increase in bitcoin accumulation It contradicts the ideal behavior of retail traders, who are not known for the purchase behavior. For example, Glassnode data shows that retail addresses are largely sold in the Bitcoin power as it rose to $ 100,000 for the first time in November 2024.
image From x: Glassnode
Whales increase bitcoin by 9x higher
While retail investors accumulated bitcoin, the next group of merchants (whales on more than 1000 BTC) was Bitcoin emptying in Speaking rate. This trend is also transferred through data from Glassnode, which indicates that high -size holders have sent an average of 32,509 BTC per day to exchanges since November 24.
This is a 9X dramatic increase in the potential pressure on the sales side of these large -sized addresses compared to its annual average.
The timing of this discharge is in line with before and after the Bitcoin increased to $ 100,000 in early December. This trend indicates that long -term holders have benefited from this psychological teacher and have been doing this since then, especially with Bitcoin continuing to reconsider the level from time to time.
image From x: Glassnode
What does these variable dynamics mean for bitcoin price
Different behavior between retailers and whales provides a complicated scenario for the bitcoin price. On the one hand, strong retail accumulation indicates a long -term bitcoin value, which can provide a solid basis for future prices. Retail investors who interfere with the purchase note that the positive market feelings are in a rise in bitcoin.
However, the vast size of the bitcoin that has been unloaded by whale provides a major risk of price corrections in the short term. If this sale persists and does not meet it enough, Bitcoin may continue to experience a significant decline after each brief direction.
Bitcoin’s price was made since it was first destroyed at $ 100,000 in early December, full of climbing and landing. It has already been two months since Bitcoin has achieved this teacher, but it is It is still struggling with the weight of liquidity About the area. At the time of writing this report, Bitcoin is traded at $ 96,945.
Distinctive image from Getty Images, the tradingvief chart
