Retail Investors Accumulate Over 10K BTC Daily, Despite Massive Whale Sell-Offs

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Bitcoin

February 8, 2025 by

  • Retail investors acquire 10,627 BTC daily, a 72% increase from last year’s average.
  • Whales are selling 32,509 BTC daily, nearly 9 times their usual offloading rate.
  • Bitcoin’s price volatility intensifies as retail demand counters whale sell-offs.

According to Glassnode data, Bitcoin accumulation by retail investors has reached major growth levels since mid-December. Bitcoin accumulation by wallets with less than 1 BTC (shrimps) has been acquiring Bitcoin at an average rate of 10,627 BTC per day. The recent accumulation rates have surpassed the previous year by 72%, from 6,177 BTC to 10,627 BTC daily.

At the current BTC/USD exchange rate, this accumulation equates to over $1 billion in daily purchases. The sharp price increase of Bitcoin, which passed $100,000 in late 2024, caused retail investors to accelerate their Bitcoin acquisitions. The growing confidence of small investors is reflected through their ongoing purchase of Bitcoin, which leads to increased Bitcoin supply absorption.

Bitcoin Market Reacts to U.S. Jobs Report

The non-farm payrolls report published during this period influenced Bitcoin price trends. The United States labor market statistics showed that the economy created 143,000 new employment positions in January, while employees projected 169,000 jobs. Job growth during January 2025 fell to its lowest point since October 2024. While traditional asset investment shifts due to weak employment figures, Bitcoin gains increased investor interest.

After the report’s release, Bitcoin reached a 3.60% peak, which restored its $100,000 value until it faced a short-term price drop. Market observers actively follow job market developments as these factors will likely affect Bitcoin’s market performance.

Whales Reduce Holdings While Retail Accumulates

Retail investors have steadily increased their Bitcoin holdings, but holders with more than 1,000 BTC have shown a contrasting approach. According to Glassnode data, large Bitcoin holders continue to sell their cryptocurrency at a pace of 32,509 BTC daily, exceeding their normal annual activity by nine times. The substantial selling pressure from retail investors generates higher market fluctuations.

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Bitcoin ownership experiences a reallocation process that transfers assets from major institutional entities to independent retail investors. Large whale selling activities have not depleted retail demand, thus providing some resistance against market pressure from sell-offs. Market trends are fundamentally driven by the opposing methods both large investor groups and retail investors use to alter Bitcoin’s value.

Bitcoin’s Price Struggles Amid Market Uncertainty

Bitcoin’s market value showed major changes during recent weeks because retail buyers kept accumulating while whales continued distributing their cryptocurrency holdings. Bitcoin achieved its highest recorded price of $109,000 in January before declining to $91,242 and maintaining a position near $100,000.

The crypto fear and greed index decreased to 35, positioning it in the fear territory. According to Santiment analysis some large investors are utilizing current market instability to buy additional Bitcoin. The number of Bitcoins stored in wallets with at least 100 BTC rose during February as smaller account balances decreased.

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