Bitcoin sharks bought 65,000 BTC in a week

Bitcoin Sharks (BTC), which are Wallets that have between 100 and 1,000 BTC, accelerated their accumulation, marking new records in the amount of currencies they now have under management.

In the last week, these investors increased their reservations by 65,000 coins, according to data from the Glassnode analysis firm. The rhythm of purchases of this group accelerated in the last month, with a net increase of 93,000 BTC, which led its joint tenure to a historical maximum of 3.65 million currencies.

The accumulation of sharks is produced in a context of reduction by whales, which are the directions with more than 1,000 BTC. These sold more than 100,000 coins in the last 30 days, which represents the largest liquidation since 2022.

This massive movement generated bearish pressure on the price of the asset, which descended below 108,000 dollars in the market, although at the close of this report it was recovered and negotiated at $ 113,953, according to the cryptootic price calculator.

Cauê Oliveira, financial analyst, explains that the capital’s capital exit of larger wallets is affecting the short -term price structure. He points out that reductions in the portfolios of the main actors are still observed, a process that, to continue, I could keep the market on the market in the coming weeks.

The contrast between both investor groups evidences a rearrangement in the distribution of holdings. While whales reduce exposure, sharks expand their participation and record a positive balance in the last month.

The accumulated balance reinforces the tendency that this intermediate segment of holders has been occupying a growing role in the dynamics of Bitcoin, even in large -scale sales scenarios.

In the Bitcoin market, there are different types of investors, being the large whales, whales, sharks and dolphins the most important, as they hold more than 100 BTC. Other smaller ones are fish, octopus, crabs and shrimp, whose holdings do not reach a hundred Bitcoin.