Large and small-scale investors show divergent reactions to Bitcoin downturn

2023-9-14 12:43

Quick Take

Recent data analysis reveals a fascinating trend within the Bitcoin investing landscape. For almost a month, there’s been a significant influx of Bitcoin to exchanges, particularly from investors in the $10M or more bracket. This surge comes in the wake of Bitcoin’s retracement from $30,000 to $25,000, suggesting that this cohort may have been capitalizing on the high volatility, hence designating August as a month of distribution for them.

Net Transfer: (Source: Glassnode)

In contrast, the investment behaviors of the cohort investing less than $10k are notably different. Year-to-date inflows to exchanges from this group don’t depend on Bitcoin’s rise but show a marked increase whenever Bitcoin experiences a dip. This trend, while contrary to the larger investors, provides an intriguing insight into how different investment groups respond to the same market conditions.

Net Transfer: (Source: Glassnode)

The dynamics of these diverging trends underscore the multifaceted nature of the Bitcoin market, hinting that investor behavior can vary significantly based on the scale of investment and may be influenced by factors beyond mere market fluctuations.

The post Large and small-scale investors show divergent reactions to Bitcoin downturn appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 62939.82 (-0.48%)
Объем 24H $26.033b
Изменеия 24h: 2.61 %, 7d: 6.08 %
Cегодня L: $62516.25 - H: $63229.61
Капитализация $1239.488b Rank 1
Цена в час новости $ 26282.71 (139.47%)

bitcoin investors significant influx almost month exchanges

bitcoin investors → Результатов: 126


Are investors better off placing their bets on Litecoin, altcoins rather than Bitcoin

The share of Bitcoin’s market capitalization as a percentage of the overall crypto market cap fell sharply this year. The fall in Bitcoin’s is the result of investors opting for altcoins, which alThe post Are investors better off placing their bets on Litecoin, altcoins rather than Bitcoin appeared first on AMBCrypto.

2021-11-12 19:00