Data: Bitcoin long-term holders have recently started to reduce their holdings, while the number of "shrimp" addresses is expected to increase by nearly 9%
ChainCatcher news, according to Cointelegraph, data shows that Bitcoin long-term holders (wallets holding Bitcoin for at least 155 days) have recently started to reduce their holdings, selling 827,783 BTC in the past 30 days. CryptoQuant analyst Axel Adler pointed out that at this stage, the average number of "retail interest" shrimp addresses (wallets holding less than 1 BTC) is 323,000. According to current market trends, this metric is expected to reach 351,000, an increase of about 8.67%.Axel Adler further analyzed that the growth of shrimp addresses began when Bitcoin reached $61,000, at which point this metric was approximately 265,000, representing a growth of 21.9% since that price level.