Data: Holding over a thousand BTC, the giant whale continues to buy, while retail investors have been selling for a month

Analyst James Van Straten cited Glassnode data and pointed out that during the Bitcoin price crash, whales holding over 10000 bitcoins were the only group still buying, while other groups with larger holdings were selling. Data shows that the giant whale is in a mild accumulation stage, with its position balance remaining neutral to slightly increasing since Bitcoin fell to $80000 at the end of November last year. In contrast, retail investors holding less than 10 bitcoins have been selling continuously for a month. In addition, the number of independent entities holding at least 1000 bitcoins has increased from 1207 in October last year to 1303, indicating that larger holders are taking advantage of the pullback to buy.