#SUSHIBTC
Test of the support zone was positive several times so can continue moving upward this time also.
Test of the support zone was positive several times so can continue moving upward this time also.
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Here’s a breakdown of each major cohort’s accumulation behavior.
The May 19th capitulation as a starting point for these numbers. Seeing very strong buying from retail, along with buying from mid-sized entities holding between 10-100 BTC; retail +37,266 BTC and octopus/shrimp adding +29,280 BTC.
As far as the big boys, dolphins and sharks have actually been slowly selling; reducing their holdings by -17,980 BTC. The number of coins this 100-1K BTC cohort was adding to their holdings at the beginning of this bull market was unprecedented. And lastly the whales with 1K-10K, adding 110,384 BTC since May 19th.
The May 19th capitulation as a starting point for these numbers. Seeing very strong buying from retail, along with buying from mid-sized entities holding between 10-100 BTC; retail +37,266 BTC and octopus/shrimp adding +29,280 BTC.
As far as the big boys, dolphins and sharks have actually been slowly selling; reducing their holdings by -17,980 BTC. The number of coins this 100-1K BTC cohort was adding to their holdings at the beginning of this bull market was unprecedented. And lastly the whales with 1K-10K, adding 110,384 BTC since May 19th.