Bitcoin Shrimps Are Capitulating: The Bullish Sign That BTC Needs?
Summary
Bitcoin's Total Amount Of Holders metric has declined, indicating a decrease in the number of addresses holding non-zero balances. Small retail investors, known as shrimps, have been selling their BTC, with a 0.46% decrease in their holdings in the past week. This coincides with the overall decline in holders. The analytics firm Santiment suggests that small wallets selling to larger ones is a bullish sign for BTC. Bitcoin's price has surpassed $67,000, but it remains uncertain if this recovery will be sustained.
