Rise in ‘New’ Bitcoin Whales Observed by Analysts
The proportion of investors holding at least 1,000 BTC, who acquired their coins within the last 155 days, has increased from 43% to 60%, according to CryptoQuant. This metric is calculated relative to realised capitalisation. The increase reflects the emergence of large players amid optimistic sentiment. Data: CryptoQuant. Unlike ‘old’ whales, who adhere to long-term […]