Bitcoin Whales Reduce Exposure as Retail Investors Accumulate Near $80K
Bitcoin whales have reduced their holdings by 0.20% over a three-week period as retail investors accumulate near $80,000.
Data from Santiment Intelligence shows that wallets holding between 10 and 10,000 BTC decreased their combined balances during the period of market excitement around Bitcoin's move above $80,000.
In contrast, smaller retail wallets with less than 0.01 BTC increased their combined holdings by 0.09%.
The divergence suggests that larger holders have been reducing exposure while smaller investors continue accumulating during a period of stronger market optimism.