"Investors Holding Less Than 1 Bitcoin (BTC) Increase Their Accumulation"

Source
Minseung Kang

Summary

  • Small-scale 'shrimp' investors holding less than 1 Bitcoin have recently been actively accumulating Bitcoin.
  • Glassnode analyzed that they are accumulating 17,600 Bitcoins every month.
  • It was reported that 'shrimp' investors' Bitcoin holdings account for 6.9% of the total Bitcoin supply.
Image = Glassnode X Capture
Image = Glassnode X Capture

Small-scale 'shrimp' investors holding less than 1 Bitcoin (BTC) have recently been accumulating more Bitcoin.

On the 13th, the on-chain cryptocurrency analysis platform Glassnode announced on X (formerly Twitter) that "Bitcoin has gone through a distribution phase after reaching an all-time high," and analyzed that "shrimp investors holding less than 1 Bitcoin are accumulating 17,600 Bitcoins every month."

According to Glassnode, shrimp investors hold 1.36 million BTC, which accounts for 6.9% of the Bitcoin supply.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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