Stora Bitcoin Whales Are In Decline While Little Whales Flex Their Muscles

Av ZyCrypto - 2 år sedan - Lästid: 2 minuter

Stora Bitcoin Whales Are In Decline While Little Whales Flex Their Muscles

The number of accounts holding 10,000 BTC or less has dropped to its lowest ebb in 8 years.On the bright side, the number of addresses that own between 100-1,000 BTC has gained momentum in recent days.Several reasons are responsible for this trend including El Salvador’s Bitcoin adoption and the swirling news about the Bitcoin ETF: er.

BTC -valar är en integrerad del av ekosystemet, men vissa valar kan sjunka mot utrotning med tanke på data från Glassnode. Uppgifterna avslöjade att större adresser minskar sitt innehav medan mindre valar ackumulerar tillgången.

Två valar, två olika berättelser

Colin Wu, a Chinese crypto-journalist made a telling observation regarding the patterns of Bitcoin whales in recent weeks. His tweet reads, “According to Glassnode, the number of addresses with current holdings of ≥ 10,000 Bitcoins has dropped to the lowest in history, with only 82 Bitcoin addresses holding ≥ 100 Bitcoins. " 

This statistic is grim for whales and has left several enthusiasts scratching their heads as Bitcoin has several positives going for it at the moment. There is the idea that the reduction in the number of large whales for the asset might be seen as just one more step towards decentralization. Yet, there remains a catch. Bitcoin “whales may not be having all of their holdings in a single address and moving crypto for risk management purposes,” according to Simon Peters, a market analyst at eToro. This rebuts the argument of decentralization for the network if that is the case.

Även om data kan vara dyster för valar, har mindre valar med 100 - 1,000 BTC stigit stadigt enligt data från Santiment. Detta är ett hausseartat mått eftersom det har skett ackumulering av denna valvalsklass under de senaste fem veckorna. Fortsättningen av denna trend kan se att några av dessa små valar gör övergången till att bli nötkött.

Varför staplar mindre valar upp?

Flera faktorer är ansvariga för mönstren för valbeteende de senaste veckorna. Utan tvekan spelade El Salvador -incidenten en roll eftersom den markerade en avgränsningsmoment för nätverket med ett land som höjde det till status som lagligt betalningsmedel. Det väckte optimism bland investerare som drevs av spekulationer om att Tonga och Brasilien kan följa El Salvadors väg.

Efter Bitcoin’s historical poor run of form, perhaps, investors were confident in the cyclical nature of the asset that October would be a bullish one. There is also speculation that a Bitcoin ETF was on the horizon which has led to a significant spike in the price of the asset. A recent Goldman Sachs survey revealed that 15% of family offices that manage the wealth of the ultra-rich are already adding cryptocurrencies to their portfolios as a hedge against inflation amongst other reasons.

Under den senaste veckan, Bitcoin has made double-digit gains to trade at $65K while daily trading volume is at $40 billion. 

Ursprunglig källa: Zycrypto