💸 "Smart money is buying, while dumb money sells" Glassnode shows that both Bitcoin “whales” (entities holding between…

💸 "Smart money is buying, while dumb money sells"

Glassnode shows that both Bitcoin “whales” (entities holding between 1,000 $BTC or more) and “sharks” (entities holding between 100 $BTC and 1,000$BTC) are fighting to accumulate coins. 👀

Based on flows between whale wallets and exchanges, whales held around 84,000 $BTC more than 30 days prior as of March 17. 📈

Sharks, the data for whom is not focused on exchanges, began majorly boosting to their exposure at the end of February. As of March 17, their 30-day net position change was 244, 000 $BTC. 📊