Интересот на малопродажните инвеститори за биткоин стана клучен за неговиот раст: Каде се китовите?

  • Bitcoin saw increasing interest from retail investors, according to new data
  • However, whales continued to exit their positions as traders went long

According to new data provided by Santiment on 3 January, Биткоин [БТК] witnessed a massive spike in interest from retail investors over the last six months. The king coin, which was affected by the bear market, could be impacted positively by the renewed interest from retail traders.


Дали вашите имоти на БТК трепкаат зелено? Проверете го профит калкулатор


The power of retail in Bitcoin

Addresses holding 0.1 to 10 BTC continued to grow in the latter half of 2022. Based on Santiment’s report, retail investor behavior in the past was correct over long-term periods. However, they had little luck when it came to short-term market movements.

Извор: Сантимент

Even though retail investors were showing interest in Bitcoin, whales were observed to be exiting their positions en masse. According to data provided by Santiment, addresses holding a 1,000 to 1 million BTC were witnessed to be selling their BTC. This resulted in the decline in the price of BTC and the subsequent decline of its Market Value to Realized Value (MVRV) ratio.

This sell-off by the BTC whales impacted БТК holders significantly. The declining MVRV ratio suggested that a majority of the BTC holders would be at a loss if they sold at press time. The negative long/short difference suggested that addresses that bought Bitcoin recently were primarily affected.

Извор: Сантимент

Гледајќи го однесувањето на трговецот

Even though large addresses were skeptical of the growth of Bitcoin, traders continued to stay optimistic. The number of long positions taken by traders grew considerably over the past month.

Before 14 December, most positions taken against Bitcoin were short positions. However, after that, there was a spike observed in trader sentiment and a large number of traders went long on BTC. This trend continued to go on.

At the time of writing, 65.74% of all traders were long on BTC.

Извор: Coinglass

The interest from traders and retail investors alike resulted in the growing activity of Bitcoin’s network, which increased by 8.95% in the last seven days, according to Messari.


Колку Bitcoin can you get for $1?


Извор: Месари

At press time, BTC was trading at $16,854. There could be more incentive for retail investors to buy Bitcoin, as it became less risky with a 97% decrease in volatility over the last month.

Source: https://ambcrypto.com/bitcoin-retail-investor-interest-has-become-key-to-its-growth-where-are-the-whales/