Large Bitcoin Holders Now Control a Third of Whale Capital
Photo: Coinfomania
Large Bitcoin holders control a third of whale capital, nearly double July's share. Market demand remains weak — here's what it means. Recent insights from Bitfinex reveal that large holders of Bitcoin, those who acquired their BTC in the past five months, now possess a third of the total whale capital. This figure is nearly double the share recorded in July. However, the broader market has not yet followed suit, with 30-day demand still reflecting negative trends, which could hinder a more widespread recovery.
Source: Coinfomania
