Recent data in the Glassnode chain reveal that retail investors, defined as addresses that have 1 BTC or less, have significantly increased their Bitcoin purchases in the last two months. Although this interesting trend among retail merchants It is very optimistic For the leading cryptocurrency, it has been contrasted by a diverted trend between whale addresses, which have been downloading Bitcoin at an accelerated pace during this period.
Retail investors accumulate bitcoin at record rhythm
Data from The Glassnode chain analysis platform reveals that retail investors have increased significantly His Bitcoin purchases since mid -December. On average, these smaller investors have been accumulating 10,627 BTC per day, an increase of 72% compared to the daily average last year of 6,177 BTC.
This Increase in Bitcoins accumulation Contrast with the ideal behavior of retail merchants, which are not known for their purchase behavior. For example, Glassnode data shows that retail addresses were sold massively to Bitcoin’s force, since it increased more than $ 100,000 for the first time in November 2024.
Image Of X: Glass node
Whales increase Bitcoin sales at a rate 9 times higher
While retail investors accumulate Bitcoin, the next merchant cohort (whales that has more than 1,000 BTC) have been Bitcoin download in An acceleration rate. This trend is also transmitted through Glassnode data, which shows that these high volume 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 side of the sale of these directions of large volume compared to their annual average.
The moment of this discharge is aligned with before and after the increase in Bitcoin beyond the brand of $ 100,000 in early December. This trend suggests that long -term holders take advantage of this psychological milestone and have been doing it since then, especially because Bitcoin continues to review the level from time to time.
Image Of X: Glass node
What do these changing dynamics mean for the price of Bitcoin?
The divergent behavior between retail investors and whales presents a complex scenario for Bitcoin’s price trajectory. On the one hand, the strong retail accumulation indicates a growing belief in the long -term value of Bitcoin, which could provide a solid basis for future prices. Retail investors intervene to buy suggest that the positive feeling of the market is high for Bitcoin.
However, the large volume of Bitcoin discharged by whales introduces a considerable risk of short -term price corrections. If this sales pressure persists and the demand is not fulfilled, Bitcoin could continue to experience significant setbacks after each brief upward trend.
Bitcoin’s price action since first broke over $ 100,000 at the beginning of December has been full of ups and downs. Two months have passed since Bitcoin reached this milestone, but continues to fight with the weight of liquidity around the area. At the time of writing, Bitcoin is quoted at $ 96,945.
Outstanding image of Getty Images, Record of TrainingView
Fountain:
