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Bitcoin Shark & Whale Wallets Jump Despite Bearish Price Action

Bitcoin Shark & Whale Wallets Jump Despite Bearish Price Action

AI Briefing

  • Bitcoin sharks and whales saw a 3.9% increase in address count over the last three months, defying the overall downtrend in Bitcoin price.
  • The 100+ BTC cohort, which represents investors with a significant amount of capital, has seen a notable rise in Supply Distribution.
  • The growth in this group's address count has climbed 12% year-over-year, indicating that large investors are sticking with the network despite market volatility.
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