Santiment Report: Small Investors Lose Their Coins to Whales in Bitcoin!

Santiment analyzed the current behavior of large and small Bitcoin (BTC) investors.

On-chain analysis platform Santiment included remarkable details for Bitcoin investors in its analysis dated July 11. It was stated that the investor group, which can be described as whale and shark, has increased the number of assets since the beginning of July.

In the first 11 days of July, there was a 261 increase in the number of wallets holding at least 10 BTC. According to the data, the investor group in question has reached the highest balance since May 21.

However, it was seen that the group, which can be called small investors, decreased their Bitcoin holdings, unlike others. This situation was interpreted as small investors losing their Bitcoins to big whales:

As the number of Bitcoin whale and shark wallets increases, small traders are selling their bags during this downturn. July saw a clear increase in +261 wallets currently holding at least 10 BTC. This can offer investors a long-term profit opportunity.