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Bitcoin Data Guy 1mo ago

We are witnessing a complete restructuring of Bitcoin's ownership over the last 100 days.

The data reveals a brutal truth about market psychology:

1. October (FOMO): Retail (<1 BTC) chased the price aggressively. Whales distributed into strength.

2. December (Fear): Retail is capitulating at the bottom. Whales (>1k BTC) are absorbing the liquidity.

📉 Retail Flow: -80,000 BTC (Panic Selling) 📈 Whale Flow: +110,000 BTC (High Conviction)

Wealth is transferring from the impatient to the sovereign.

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Bitcoin Data Guy 1mo ago

Methodology Note: The Whale and Retail flows presented here are derived from the net change in balances across clustered wallets over the last 100 days.

Wallet classifications are defined as: • Retail: Wallets holding < 1 BTC. • Whales: Wallets holding > 1k BTC.

This analysis reflects a change in supply held, not simple transaction volume.