glassnode: Whales Holding Over 10,000 BTC Continue to Buy in Large Quantities, Small Holders Begin to Reduce Selling
According to data from glassnode, whales holding over 10,000 Bitcoins are still buying in large quantities, showing a strong accumulation trend. Meanwhile, investors holding a small amount of Bitcoin (from less than 1 to 100) have reduced selling, with those holding between 10 and 100 Bitcoins possibly starting to shift towards buying. This suggests that medium-sized holders may be changing their outlook on the market.
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.
You may also like
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.
