'Shrimp' and 'Crab' Bitcoin Balances Hit Record Highs Amid FTX Collapse
According to the analysts at Glassnode, this cohort now holds over 1.21 million BTC, which is equivalent to 6.3% of the world’s flagship cryptocurrency's circulating supply. have added 96,200 BTC to their collective stashes since FTX exchange's.
Another category of smaller Bitcoin holders that took an opportunity to buy this month’s dip is “crabs," a demographic holding between 1 BTC and 10 BTC. For both shrimps and crabs, November purchases also marked all-time-high increases in balances, with the latter eclipsing the July 2022 peak of 126,000 BTC.
Source
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