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    WebsCrypto—News—Bitcoin News—The Proportion of Addresses Holding More Than 100 Bitcoin Dropped to 60%
    Bitcoin News

    The Proportion of Addresses Holding More Than 100 Bitcoin Dropped to 60%

    By Simon LawsonOctober 14, 2022
    The Proportion of Addresses Holding More Than 100 Bitcoin Dropped to 60%
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    The proportion of addresses holding more than 100 BTC has dropped from 70% to 60%, with 3.7 million Bitcoins currently inactive over the past 7 years, which equates to 34% of the current profitable supply.

    In addition, in the previous rally in August, the driving force of holding 100-1000 Bitcoin groups was greater. In addition to the relative neutrality of small and medium address groups, the large whales holding 1000-10,000 Bitcoins The accumulation trend score highlights the positive accumulation since the end of September.

    Whales with 10,000 Bitcoins have tended to sell in small quantities in recent months. Net withdrawals by whales have increased in recent weeks, with net outflows from exchanges reaching 15,700 BTC, the largest since June 2022.

    DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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