TL;DR Glassnode data indicate large bitcoin holders are accumulating, while retail investors are continuing to distribute their holdings, signaling divergent behavior between institutions accumulating supply and retail selling. The whole 9 yards of 💩 Retail traders are sprinting for the exits as bitcoin wobbles through another selloff, and yes, the drama has all the subtlety of a soap opera on fast-forward. Meanwhile, the so-called mega-whales are quietly loading the cannon for the next dip, which is exactly the kind of quiet, deliberate money move that makes market nerds like me perk up and then squint at the price charts like a detective with a magnifier. If you thought crypto was a simple “buy low, sell high” game, you’re either new here or you’ve been binge-watching the wrong conspiracy theories. The data, as ever, keeps things honest in its own nerdy way: Glassnode data shows large bitcoin holders accumulating, while retail remains in distribution. What the numbers are a...
Ignorance is not a strategy.