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Bitcoinist

2023-01-09 14:00:16

Bitcoin Whales Sleep As $10M+ Transfers Make Up Only 19% Of Total Volume

Bitcoin Whales Sleep As $10M+ Transfers Make Up Only 19% Of Total Volume

Data shows Bitcoin whales have been inactive recently as transactions of more than $10 million now account for only 19% of the total volume. Bitcoin Volume Dominance Of $10M+ Transfers Declines To 19% According to the on-chain analytics firm Glassnode, these large transactions made up 42.8% of the entire BTC volume back at the start

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