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Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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#CryptoMarketRebound Cryptocurrency analysis firm Santiment, in its latest assessment of the Bitcoin market, points out that large investors are defined as ( whale and shark addresses), whose behavior plays a key role in market trends.
According to the company, the crypto market typically follows the movements of large wallets, while inversely following the behavior of small retail investors.
Based on Santiment's data, since December 17, whale and shark addresses holding between 10 and 10,000 BTC have accumulated a total of 56,227 BTC. This process is considered to mark the local bottom level of Bitcoin, although the market has remained sideways for a period, this strong accumulation has, at least to some extent, broken through limited upward pressure over time.