According to Glassnode, after a period of accumulation, whales began to sell their bitcoin holdings.
In the reportGlassnode BTC holders are divided into 10 types:Gorbach(>5k BTC),Whale(1k-5k),Shark(500-1k),Dolphin(100-500),Fish(50-100),Octopus(10-50),Crab(1-10),Mollusc(<1 BTC). The list also includes miners and exchanges.
Since the beginning of February, whales and humpbacks have begun to take profits, selling 140,000 BTC in a month - about $6.72 billion.
It is noteworthy that dolphins and sharks recordedprofit in January, selling 95,000 BTC, and in February they continued to buy bitcoin and have purchased 117,000 BTC since the beginning of the month. Fish and octopuses have mostly been selling bitcoin since November last year.
Glassnode believes that despite the growing sales of whales, this will not be able to globally affect the price of bitcoin, since "investments of large companies will keep BTC above $ 50,000 for a long time."
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