Whales Keep Buying, Retail Sells: Bitcoin Market Divergence Deepens

Data from crypto analytics firm Glassnode reveals a significant shift in Bitcoin (BTC) ownership dynamics. While large holders—or "whales"—continue to accumulate, smaller holders are increasingly offloading their assets. Whales Driving Bitcoin Accumulation As of today, on-chain market intelligence firm  Glassnode reports that whales holding over 10,000 BTC have pushed their accumulation score close to 0.6, signaling strong buying activity.  The accumulation score ranges from 0 to 1, with a higher value indicating stronger accumulation.  https://twitter.com/glassnode/status/1907358419859669116 A score above 0.5 signals sustained interest from big investors, which is generally considered a bullish signal for Bitcoin, especially amid broader market volatility. 

Continue reading on DailyCoin.