Bitcoin surpasses $103,000 USD: What do the data tell us?
In the last few hours, the price of Bitcoin has reached $103,597.62 USD, marking a small but significant increase of 0.07% for the day, according to data from CoinMarketCap. This bullish behavior is accompanied by several key indicators worth highlighting.
1. Participation by investment ranges:
77.05% of addresses hold amounts between $0 and $1,000 USD, indicating a strong retail presence.
21.03% manage between $1,000 and $100,000 USD.
Only 1.92% exceed $100,000 USD, reflecting a small group of large holders (whales).
2. How strong is whale control?
Whales represent only 1.25% of the total active addresses.
98.75% of the holdings are in the hands of other users, which reinforces the decentralization of the current ecosystem.
3. Who is holding their BTC?
An impressive 74.86% of addresses belong to "Holders," users who keep their Bitcoins for long periods.
"Cruisers," who hold their BTC for an average time, make up 20.85%.
And only 4.29% are "Traders," with a high turnover of their assets.
4. Transaction cost:
The average transaction fee remains at $2.28 USD (0.000022 BTC) over the last 30 days. Although there has been some volatility, it remains relatively affordable for active users.
What can we expect? This behavior suggests that, although the price has experienced some intraday drops, the confidence of holders remains strong. The low percentage of whales implies less market manipulation, and the high concentration of small investors demonstrates an increasingly democratized ecosystem.
Will this be the path to new all-time highs? The market will tell, but for now, Bitcoin shows signs of stability and accumulation.
