Summary
- Glassnode reported that the majority of Bitcoin holders are selling.
- In particular, while the selling pressure from small investors holding 1~10 BTC is strong, it stated that whales holding 1,000~10,000 BTC are showing an accumulation trend.
- It analyzed that investors' sentiment is sharply divided depending on the scale of their holdings.
An analysis has found that the investment behavior of Bitcoin (BTC) holders has become polarized.
On the 9th (local time), Glassnode posted on X (formerly Twitter), "Currently, most Bitcoin holders continue to sell. In particular, the selling pressure among small investors holding 1~10 BTC is strong," but added, "Whale addresses holding 1,000~10,000 BTC are showing a clear accumulation pattern." They further commented, "Investor sentiment is split sharply according to the amount of Bitcoin held."
As of 9:07 PM, on the Binance USDT market, Bitcoin is trading at $109,049, up 0.24% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)
