Bitcoin shrimps to fish added 254% of mined BTC last month

Bitcoin’s price struggles aside, last month saw more entities with less than 100 BTC buy 2.54X of all coins mined. Glassnode data shows these entities added 2,286 BTC per day. Shrimps increased their BTC holdings by 117% last month, while crabs added 80% and fish bought 57% of mined bitcoin. It appears Bitcoin (BTC) wallet addresses […]

Bitcoin shrimps holdings jump to 1.31 million BTC

Bitcoin wallets with less than 1 BTC now hold an all-time high of 1.31 million coins. Shrimps have been adding an average of 26,000 BTC every month, data shows. The growth of the shrimp cohort is a positive development for the Bitcoin network. The amount of Bitcoin held by “shrimps” – those wallet entities that […]

Bitcoin shrimps add record BTC to their holdings in November

Bitcoin price plummeting after FTX’s implosion in November provided shrimps – people with less than 1 BTC an opportunity to add to their balances at low prices. According to new on-chain data tracking shrimp holdings, the cohort bought 96.2k more BTC in the 30 days after FTX collapsed. The cohort’s holdings saw an all-time balance […]