Leading cryptocurrency overshadowed by war Bitcoin (BTC), still could not put an end to the price uncertainty.
Russia and Ukraine The back and forth between the war and peace situation prevents the price from drawing a clear trend.
Recently, it is clearly seen in the on-chain data that the whales have made a clear decision.
Bitcoin Whales Stopped, Small Fish Started
Technical graphics especially 36,000 dollar to your support and $42,000 Fundamental data tells a very different story.
In the last weeks and months Bitcoin accumulation While it was seen that it was gaining speed, it turned out that this was not caused by whales.
According to the information conveyed by the crypto money data platform Ecoinmetrics on March 12, the small fish officially started to eat the big fish.
ecoinmetrics In the graph, it is emphasized that accumulation is largely due to small investors, who are described as small fish.
According to the transferred data, the mass that has less than 1 BTC accumulation, namely the small fish, is buying exactly as if there is no tomorrow.
BTC purchases of small fish have been on the rise since the March 1 statement by Lex Moskovski, and the all-time record has recently been reached.
It is seen that the whales continue to distribute and do not make large purchases. This situation is the last October 2020 observed during the period.
Glassnode reports that especially the storage companies hosting WBTC have started to open new BTC wallets seriously, and this may be one of the reasons for the scattering in the funds of the whales.