Are large BTC holders not buying the dip? Data reveals the truth.



Addresses holding 1000-10000 BTC are continuously reducing their holdings. Last year, this number shrank by 220,000 BTC, dropping from the historical peak of 409,000 BTC in March 2024 to the current level. This is the steepest plunge since early 2023.

The question is: why are the truly big players not bottom-fishing? This may reflect the market's genuine assessment of the future trend. When whales are fleeing rather than buying the dip against the trend, retail investors should consider whether they are being driven by emotions.
BTC0,02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)