Bitcoin Divergence Grows Exponentially: Retail & Whale Behavior Explored

• Bitcoin’s retail and whale behavior have diverged significantly, with activity for the king coin increasing and traders remaining positive.
• The number of addresses holding more than 0.1 and 0.01 BTC have both reached all-time highs, indicating a rise in retail interest.
• While there is positive momentum for Bitcoin, concerns remain about the growth of exchange reserves which could indicate increased selling pressure and volatility.

Bitcoin’s Diverging Retail & Whale Behavior

The divergence between Bitcoin’s retail and whale behavior grew significantly in recent days. Activity for the king coin increased, and traders remained positive. According to new data, the difference between Bitcoin whales and retail investors has grown exponentially. It is important to note that this contrast in behavior could negatively impact vulnerable retail investors in the long run.

Retail Interest on the Rise

Based on glassnode’s data, whale addresses were seen exiting their positions and selling off their BTC while retail investors continued to show interest in Bitcoin. The number of addresses holding more than 0.1 and 0.01 BTC both reached all-time highs at the time of writing, indicating a rise in retail interest which is generally considered a positive sign for BTC prices.

Growing Exchange Reserves

However, despite these developments there are some areas of concern as well such as the growth of Bitcoin on exchange reserves which could be indicative of an increase in selling pressure that may lead to high volatility eventually.

Increased Transaction Activity

On a more positive note, Santiment reported a significant spike in velocity as well as daily active addresses for Bitcoin during this period with each transaction size reaching a 5-year high of 1,054.778 BTC .


In conclusion, while there is overall optimism surrounding bitcoin currently due its increasing activity levels, caution needs to be exercised due to potential sell pressures resulting from an increase in exchange reserves which may bring down prices drastically eventually if not managed properly by market players .