According to Glassnode's data, Bitcoin Shrimp has accumulated a lot of bitcoins over the past 30 years-a total of about 60, 000 bitcoins in its asset allocation.
Shrimp means that it comes with less than a bitcoin wallet. This group of retail investors invested a lot in BTC projects in all 2022. Their total account balance is currently 1.2 million bitcoins-about 6 per cent of the bitcoin supply.
In the past 30 years, Bitcoin has mostly traded at between $16000 and $18000. After the FTX implosion, the price of BTC has been fraught with difficulties, which caused an infection and seriously affected other login password companies such as Genesis, BlockFi and Midas.
The last time shrimp showed this belief was in July, when bitcoin traded for between $20, 000 and $25000. At that time, shrimp also accumulated about 60, 000 BTC in the department.
In addition, the high accumulation rate of shrimp is in sharp contrast to the large number of whales. Bitcoin whales have been selling property at an unprecedented rate.
For whales, the current use value of flagship digital money is very passive, and they sell the property in order to minimize damage.
However, some analysts believe that the accumulation of shrimp is helpful compared to the Bitcoin Internet, as it will make bitcoin assets more and more decentralized over time.
Polkadot was launched in May 2020. In a market dominated by Bitcoin and Ethereum, it quickly established itself as the next generation blockchain. The scale and interoperability problems limit Bitcoin's ability to transfer value without the assistance of
For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves
Lummis is a well-known crypto advocate on Capitol Hill with over $100,000 in crypto.
Several analysts argue that shrimp accumulation is good for the Bitcoin network because it makes the asset more decentralized over time.
The growth in BRC-20 tokens comes just two months after the creation of the Bitcoin token fungibility protocol.
The new funds would invest in a wide range of different crypto-related assets including Bitcoin miners and privacy tech.
“Huge DJs” no longer appear at crypto events; instead, attendees are seeing more “well thought out, intelligent questions” being asked.
Bitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain.
Bets are in for how BTC price action will react to the latest CPI print, with data favoring inflation dissipating in the coming months.
Alleged fake news poster becomes the first person in China arrested for using artificial intelligence platform ChatGPT.
National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains tax be deferred.
Chinese tech company iFlytek recently made waves with the launch of its “Spark Model,” an AI system it says will surpass ChatGPT by the end of the year.
Tue, 18 Apr 2023