Bitcoin Shark Wallets Set New Record: Bullish Foreshadowing For 2025?
The data on the chain shows that the Bitcoin shark -sized wallet has recently climbed to a new historical highest point. This is a sign of BTC.
Key Bitcoin investors have recently been in accumulation mode
According to chain analysis company data Single personThe total number of sharks on the Bitcoin network has recently increased. Related indicators here is “Supply distribution“It tells us the number of BTC wallets that belong to a specific group.
Address or investors are classified as these groups according to the number of coins they carry in balance. For example, holding 5 token wallets in 1 to 10 coins.
In the context of the current theme, the walter range of interest is 100 to 1,000 BTC. According to the current exchange rate, the lower end of this range was converted to $ 10.5 million, and the lower limit above was $ 105 million.
Therefore, the only address that is eligible to obtain the queue is the address of large traders. This group is usually called sharkEssence Shark is certainly not the largest entity on the Internet (the title belongs to whales), but because of their famous shares, they still have influence.
The following is a chart distributed by the Bitcoin supply shared by the company, which shows the data of these major investors in the past few months.
As shown in the figure, in the last few weeks of 2024, the Bitcoin supply distribution of 100 to 1,000 coin groups saw a sharp upward trajectory, which means that a large number of newly shark -sized investors pop up on the Internet.
The growth of this indicator has slowed down this year, but because the value of the indicator has just set a new record of 15,777 addresses, it is still continuing.
Bitcoin recently stopped in the bull running, so seeing sharks are still interested in buying assets, which may naturally be an active signal of what happened in the near future.
Analysis company, shark is not the only investor that has accumulated recently Glass node It is pointed out that shrimp and crabs have been seeing positive flow.
Shrimp and crabs refer to Bitcoin investors with 1 and 10 BTCs. It can be clearly seen from the chart that these small entities have been consolidated to purchase 25,600 BTCs in the past month, which is equivalent to 1.9 times the monthly distribution.
The monthly distribution is miner Production/mining in the past 30 days. Therefore, it seems that retail investors have absorbed almost twice the miners cast.
BTC price
In the past few days, Bitcoin has been moving side by side because its price is still around $ 105,100.
