Analysis: Large funds continue to accumulate Bitcoin, leading to a divergence in the market

ChainCatcher news, HODL15Capital released an icon analysis stating that over the past year, there has been a significant trend of capital differentiation in the Bitcoin market.

Data shows that small investors have been continuously net selling Bitcoin, while large capital players (such as ETFs, MicroStrategy, etc.) have become the main net buyers in the market. They not only absorbed all the Bitcoin sold by small investors but also took in all newly mined Bitcoin.

This trend indicates that large institutions maintain a high level of confidence in the long-term value of Bitcoin, while also highlighting the increasing concentration of market capital. Investors need to pay attention to the potential long-term impact of this change on the market.