Data shows aggressive BTC accumulations by all categories of Bitcoin investors in the last seven days.
Holders of 10-1000 BTC acquired nearly 6.9 million BTC following the FTX contagion.
Several top digital assets have capitulated following Sam Bankman-Fried’s FTX exchange crash. Unfortunately, the leading digital asset BTC wasn’t spared after the crash as it traded at $15,683 at one time during the last week. Despite the BTC price drop, all holders of this digital asset have increased their holdings in the last seven days.
The Shrimps BTC holders’ accumulation
The BTC holders in this category are those whose BTC holdings are not up to 1 BTC. However, this group has been increasing its holdings aggressively since the start of the bear market. The reason is that they consider the asset more affordable at its current price.
If we look to the same metric over the last 24hrs, despite price falling to $17.1k, the vast majority of spent $BTC was from within the current trading range.
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