‘Shrimp’ and ‘Crab’ Bitcoin Balances Hit Record Highs Amid FTX Collapse – Decrypt
Whales dumping Bitcoin holdings
The primary cohort which has been lightening their #Bitcoin holdings are Whales (1k+ $BTC).
Whales have released approximately -6.5k $BTC to exchanges on net over the last month.
Whilst this is distribution, it remains very small relative to their total holdings of 6.3M $BTC. pic.twitter.com/1VoRmVAXFb
— glassnode (@glassnode) November 28, 2022
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Read More: ‘Shrimp’ and ‘Crab’ Bitcoin Balances Hit Record Highs Amid FTX Collapse – Decrypt
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