Onchain Highlights
DEFINITION: The “Shrimp” cohort is a widespread catch-all moniker for retail-level investors holding less than one BTC. Historically, this cohort has consistently added to their balance, and thus, looking at relative aggressiveness is usually the most informative. This cohort is also quite sensitive to volatility, with the rate of balance growth often reacting to sharp price changes, both upwards and downwards.
This chart presents the following traces:
Total balance held by Shrimp Cohort (line trace)
30-day net-position change of Shrimp Balance (area trace)
Bitcoin’s shrimp cohort has displayed notable activity shifts over the past year. Entities holding less than one BTC have shown varying degrees of accumulation, reflecting sensitivity to market volatility. The charts reveal that as Bitcoin’s price increased sharply in early 2024, shrimps significantly increased their holdings, peaking around March 2024. This coincides with the all-time high in Bitcoin.
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We współpracy z: https://cryptoslate.com/insights/retail-bitcoin-holders-intensify-accumulation/
