The latest on-chain data of Glassnode show that retail investors who are 1 BTC or less defined as addresses have increased their Bitcoin purchases significantly in the past two months. Although this interesting trend among retail dealers is very optimistic For the leading cryptocurrency, it was contrasted by a different trend between whale addresses, which Bitcoin unloaded during this period to accelerate rate.
Retail investors collect Bitcoin at a record pace
Data from The on-chain analysis platform Glassnode shows that retail investors have significantly increased Your Bitcoin has been buying since mid -December. On average, these smaller investors collected 10,627 BTC per day, which is an increase of 72% compared to the daily average of the previous year of 6,177 BTC.
The Increasing Bitcoin accumulation In contrast to the ideal behavior of retail dealers who are not known for their buying behavior. For example, Glassnode data show that the retail trade was massively sold in Bitcoins in November 2024 when it exceeded $ 100,000 for the first time.
Picture From X: Glass node
Whales increase Bitcoin sale by 9x higher
While retail investors aggressively accumulate Bitcoin, the next cohort of dealers (whales who hold over 1,000 BTC) were Unload bitcoin An accelerating rate. This trend is also forwarded by data from Glassnode, which shows that these owners of high volume have sent an average of 32,509 BTC per day to the exchange since November 24.
This is a dramatic 9-way increase in potential pressure on the sales page from these large-volume addresses compared to their annual average.
The timing of this unloading corresponds to the $ 100,000 brand before and after Bitcoin’s increase in early December. This trend indicates that long -term owners exploited this psychological milestone and have been doing this since then, in particular as a bitcoin, the level from time to time continues.
Picture From X: Glass node
What this shift dynamics mean for the price of Bitcoin
The divergent behavior between retail investors and whales shows a complex scenario for Bitcoin’s Price trajectory. On the one hand, a strong collection of retail indicates a growing belief in the long -term value of Bitcoin, which could offer a solid basis for the future price increase. Retail investors who enter for purchase suggests that the positive market mood for Bitcoin occurs at a high value.
However, the mere volume of Bitcoin, which is unloaded by whales, introduces a considerable risk of short -term price corrections. If this sales pressure remains and is not met with sufficient demand, Bitcoin could continue to experience considerable setbacks after each short upward trend.
Bitcoin’s price campaign, since it was deleted for the first time in early December, was deleted over $ 100,000. It has been two months since Bitcoin has reached this milestone, but it continues to fight with the weight of liquidity Around the zone. At the time of writing, Bitcoin acts with $ 96,945.
Selected picture of Getty Images, Diagram by Tradingview