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Santiment|Feb 06, 2025 01:49
🐳 In a tale as old as time, Bitcoin whales are stacking up more coins during crypto's mid-sized drop and major volatile conditions.
🐟 For small retail traders, especially the ones who first entered the markets in the past 6 months, the volatility is causing them to liquidate.
📊 Overall, February has seen a growth of 135 more 100+ BTC wallets, and a plummet of 138,680 <100 wallets.
📈 This is an ideal setup for crypto market caps to rise, even if it takes a few more weeks (or even months) to see the generally bullish impact of coins being absorbed by whales.
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