Addresses Holding 10 to 10,000 Bitcoins Reduced Holdings by 24,602 Bitcoins Last Week

06/03 03:56

On June 3, Santiment released data on social media indicating that Bitcoin fell by 13% over the past week, primarily due to sell-off activities by key stakeholders. Bitcoin whales and sharks (addresses holding 10 to 10,000 BTC) sold off 24,602 Bitcoins (an 18% reduction) in the past week. Meanwhile, small Bitcoin traders (addresses holding less than 0.01 BTC) increased their holdings by 61 Bitcoins (a 12% increase) during the same period.

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