While Bitcoin whales have been slowly cashing out, smaller investors have been increasingly buying BTC, with some addresses seeing an all-time high balance increase.
) investors seem to have had zero issues with the cryptocurrency bear market as well as fear, uncertainty and doubt around the fall of FTX, on-chain data suggests.
The first type of investors — classified as shrimps — defines entities or investors that hold less than 1 Bitcoin, $16,500 at the time of writing, while the second type — crabs — are a category of addresses holding up to 10 BTC, $165,000 at the time of writing.FTX crash in early November,
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