Bitcoin Whales Shrinking: What’s Really Happening with BTC’s Decline?
Brace yourselves for this: Glassnode, the on-chain analytics firm that never fails to make us question our life choices, recently shared some intriguing data. They define “whales” as entities holding between 100 and 10,000 BTC, which, at today’s exchange rates, translates to a range of $11.2 million to a cool $1.1 billion. So, yes, we’re talking about traders who could probably buy an island or two if they wanted. Or at least a yacht. 🛥️💸





