Here's something worth noting: wallets holding at least 1 BTC just dropped to their lowest count in three years.
What's driving this shift? Could be consolidation among larger holders. Maybe retail's exiting positions. Or perhaps it's just coins moving into exchange custody and institutional vaults that don't show up the same way on-chain.
Either way, the shrinking number of whole-coiner addresses tells us something about how Bitcoin distribution is evolving. Fewer addresses doesn't necessarily mean fewer believers—just a different holding pattern emerging in the market structure.
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GasWaster
· 18h ago
Retail investors are indeed exiting the market.
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SignatureAnxiety
· 12-08 21:53
Retail investors are about to disappear completely
Here's something worth noting: wallets holding at least 1 BTC just dropped to their lowest count in three years.
What's driving this shift? Could be consolidation among larger holders. Maybe retail's exiting positions. Or perhaps it's just coins moving into exchange custody and institutional vaults that don't show up the same way on-chain.
Either way, the shrinking number of whole-coiner addresses tells us something about how Bitcoin distribution is evolving. Fewer addresses doesn't necessarily mean fewer believers—just a different holding pattern emerging in the market structure.