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Enjoy exclusive benefits with the GG Membership Pass#Bitcoin Shrimps (< 1$BTC) have added 96.2k $BTC to their holdings since FTX collapsed, an all-time high balance increase.
This cohort now now hold over 1.21M $BTC, equivalent to 6.3% of the circulating supply.
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— glassnode (@glassnode) November 28, 2022
#Bitcoin Crabs (up to 10 $BTC) have also seen aggressive balance increase of 191.6k $BTC over the last 30-days.
This is a convincing all-time-high, eclipsing the July 2022 peak of 126k $BTC/month. pic.twitter.com/osjHovLRoV
— glassnode (@glassnode) November 28, 2022
Whales dumping Bitcoin holdings
The primary cohort which has been lightening their #Bitcoin holdings are Whales (1k+ $BTC).
Whales have released approximately -6.5k $BTC to exchanges on net over the last month.
Whilst this is distribution, it remains very small relative to their total holdings of 6.3M $BTC. pic.twitter.com/1VoRmVAXFb
— glassnode (@glassnode) November 28, 2022