Bitcoin Whales Take the Plunge: How ETF Pressure is Causing Smaller Holders to Bail
Whales, Holders, and ETF Pressures: A Deep Dive into Bitcoin Behaviors Introduction Amidst the accelerated pace of GBTC outflows contributing to downward pressure on Bitcoin’s price, two divergent behavioral patterns are becoming evident among older cohorts. Data demonstrates a growing preference among more oversized Bitcoin holders or ‘whales’ to accumulate more Bitcoins, while smaller cohorts…