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Glassnode: BTC retail hodlers are in a selling state, but the 1k to 10k Whale Addresses group is accumulating

12 hours ago

On July 9th, Glassnode announced on social media that currently the majority of wallet cohorts are in a selling state. Specifically, retail investors holding 1 to 10 BTC are in this situation. However, a remarkable exception is that large entities holding 1000 to 10000 BTC are demonstrating a nearly perfect accumulation trend. This divergence clearly shows a significant difference in beliefs between large and small holders.