Bitcoin Shrimps Back To Buying: Supply Share Hits 6.9%

Quick Summary:

On-chain data shows the Bitcoin Shrimps have been back to accumulation recently as their share of the total supply has risen to 6.9%.

As is apparent from the graph, the indicator turned negative last year during the cryptocurrency’s exploration of new all-time highs.

While some may consider the small investors to be behind the curve in the market, they have in fact showed similar smart-money behavior in recent years.

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: Hungary

Topics: BTCUSDT Btc Bitcoin buying Bitcoin Shrimps Bitcoin News Bitcoin Bitcoin Shrimp Supply

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 11:30:03 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 451 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25152075

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 28 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 12 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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