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Retail Bitcoin holders intensify accumulation amid dip

DATE POSTED:July 8, 2024
Onchain Highlights

DEFINITION: The “Shrimp” cohort is a widespread catch-all moniker for retail-level investors holding less than one BTC. Historically, this cohort has consistently added to their balance, and thus, looking at relative aggressiveness is usually the most informative. This cohort is also quite sensitive to volatility, with the rate of balance growth often reacting to sharp price changes, both upwards and downwards.

This chart presents the following traces:

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