, large holders of a crypto asset hold more than 1% of the asset’s total circulating supply.
When the large holder netflow sees a spike, it means that this category of holders is accumulating. A drop signifies a decline in the holdings of large holders. Last month, the large holder netflow for BTC declined by 100%. Furthermore, in the last 90 days, the same extent of decline has been logged. With a rally in large holder netflow usually a precursor to the spike in the price of an asset, a continued decline in BTC’s large holder netflow might occasion a further drop in its price.Subscribe to get it daily in your inbox.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: