Bitcoin Shakes Off Dollar Rebound But Beware Of Coming Bear Phase
published: 1 hour ago
Bitcoin has barely flinched in the face of the dollar's best attempt at a rebound in over a year. The greenback is trying to stage a comeback against the top
smart summary beta
Glassnode noted that “dolphins” and “sharks” — wallets that hold between 100 BTC and 1,000 BTC — shed 95,000 BTC worth $4.56 billion in January, but flipped bullish in February, collectively accumulating 117,000 Bitcoin ($5.61 billion) since the start of the month:. “Octopus” and “Fish” — wallets that hold between 10 BTC and 100 BTC — have been consistently offloading their holdings since November 2020, selling more than 128,000 Bitcoin or $6.14 billion in less than four months