$BTC

Whales dominate the Bitcoin ocean!

📊 According to the latest data from Glassnode, 89% of the total transaction volume of $BTC is in the hands of big players. The average value of each transaction has risen to an astonishing figure of $36,200!

📉 Meanwhile, the number of transactions has decreased from an average of 734,000 transactions per day to between 320,000 and 500,000 transactions. In other words: fewer people are transacting, but with more money.

💰The average daily capital transferred remains ridiculous, exceeding $7.5 billion daily, with peaks surpassing $16 billion.

This shows that while the retail sector is retreating, funds, institutions, and heavyweight holders continue to dominate the game on-chain. Decentralization is still present, but the concentration in transactions has become apparent.

Is this a sign of market maturity or a warning of excluding small investors? Leave your opinion in the comments 👇