Post #2985

Currently, retail investors are dominating the market. In terms of addresses, whales have a mere concentration of 1.53%, whereas retail holders have an 88.64% dominance today. At the same time when it comes to balance, these whales only have 288k cumulatively. Retail investors, on the other hand, hold 16.65 million BTC altogether. These are the biggest signs of retail domination which is exactly the need of the moment. If their participation grows, the next rally can be led by retail investors. On exchanges, it can be seen that selling is active in the market. At the moment, whales’ balance is close to its all-time high. Whale addresses possessing 100-10k BTC hold 49.1% of Bitcoin’s supply. This shows that selling from their end is close to none.