Quick Take
- Bitcoin is approaching its one millionth address holding one BTC or more.
- This is exponential growth from this cohort, also known as “crabs”.
- The cohort that is just below “crabs”, is referred to as “shrimps”, which is currently accumulating Bitcoin at the third most aggressive rate in the past five years.
- This is encouraging to see as CryptoSlate analyzed that whales were distributing Bitcoin at an aggressive rate — which only distributed more Bitcoin to more holders.
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