{"id":74901,"date":"2023-03-02T15:34:38","date_gmt":"2023-03-02T13:34:38","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74901"},"modified":"2025-09-10T02:22:07","modified_gmt":"2025-09-09T23:22:07","slug":"retail-bitcoin-investors-outpace-bitcoin-issuance-in-buying-activity","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/retail-bitcoin-investors-outpace-bitcoin-issuance-in-buying-activity\/","title":{"rendered":"Retail Bitcoin investors outpace Bitcoin issuance in buying activity"},"content":{"rendered":"<p>Over the last year, the growth in total balances of investors with holdings up to 1 BTC (&#8216;shrimp&#8217;) and from 1 to 10 BTC (&#8216;crabs&#8217;) has outpaced Bitcoin issuance by 105% and 119%, respectively. Analysts at Glassnode note.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We can model the yearly balance change of <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> wallet cohorts, and compare to volumes of <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> mined over the last year.<\/p>\n<p>Both Shrimp (< 1 BTC) and Crabs (1-10 BTC) are at ATH accumulation rates by this metric.\n\n\u2014 ? +105% of mined coins<br \/>\u2014 ? +119% of mined coins <a href=\"https:\/\/t.co\/W249Sp6Dt6\">pic.twitter.com\/W249Sp6Dt6<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1631142696642551808?ref_src=twsrc%5Etfw\">March 2, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In absolute terms, the balances reached <span data-descr=\"historic maximum\" class=\"old_tooltip\">ATH<\/span>. Historically, these cohorts have been net buyers, steadily increasing their holdings.<\/p>\n<p>The acceleration in Bitcoin accumulation occurred in December 2021. In the seven months prior, activity had been modest.<\/p>\n<p>Earlier, Adam Farthing of B2C2 expressed the view that for the rally in the first cryptocurrency <a href=\"https:\/\/u1f987.com\/en\/news\/opinion-the-25000-level-is-key-for-bitcoins-rally-to-continue\">to break past the $25,000 mark<\/a>.<\/p>\n<p>As reported, Galaxy Digital founder Mike Novogratz <a href=\"https:\/\/u1f987.com\/en\/news\/mike-novogratz-sees-bitcoin-at-30000-by-end-of-march\">to reach Bitcoin at $30,000 by the end of March<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the last year, the growth in total balances of investors with holdings up to 1 BTC (&#8216;shrimp&#8217;) and from 1 to 10 BTC (&#8216;crabs&#8217;) has outpaced Bitcoin issuance by 105% and 119%, respectively. Analysts at Glassnode note.<\/p>\n","protected":false},"author":1,"featured_media":74902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18],"class_list":["post-74901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin"],"aioseo_notices":[],"amp_enabled":true,"views":"7","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=74901"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74901\/revisions"}],"predecessor-version":[{"id":74903,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74901\/revisions\/74903"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/74902"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=74901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=74901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=74901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}