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Glassnode: retail investors sold nearly 75,000 BTC, or about $7 billion, in the past 30 days

Glassnode: retail investors sold nearly 75,000 BTC, or about $7 billion, in the past 30 days

Bitget2024/11/21 21:04


According to data, so-called ‘shrimps,’ or retail investors, have sold about 75,000 bitcoins ($7 billion) in the past 30 days. This is the largest sell-off by this group since Bitcoin topped $73,000 in March. As for which groups are buying, according to Glassnode, large Bitcoin investors (known as ‘sharks’) holding between 100 and 1,000 BTC have amassed more than 140,000 BTC of Bitcoin.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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