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CryptoQuant: Retail investors have only increased their holdings of 1000 BTC in the past 30 days, and have increased their holdings of 30000 BTC within the year

2024-10-24 03:04

Odaily Planet Daily News: CryptoQuant data shows that the accumulation of Bitcoin retail investors has slowed down. Analysts pointed out that "in the past 30 days, retail holdings have only increased by 1000 BTC, and the rate of increase has significantly slowed down. Since the beginning of 2024, the holdings of other large investors (investors holding 10000-10000 BTC) have grown faster than retail investors every year. As of now, retail holdings have increased by 30000 BTC, while other large investors have increased their holdings by 173000 BTC Yesterday, Andr é Dragosch, Head of European Research at Bitwise, posted on the Social X platform that Glassnode data shows that the total number of Bitcoin Whale addresses has reached its highest level since January 2021, with 1678 addresses automatically marked as Whales (meaning holding more than 1000 BTC).

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