CryptoQuant: Size of New Bitcoin Whales Nearly Doubles that of Existing Large BTC Owner Holdings

CryptoQuant: Size of New Bitcoin Whales Nearly Doubles that of Existing Large BTC Owner Holdings

The executive of the analytics platform has provided a distinctive characterization for the term “new” when referring to short-term holder whales. These are addresses that possess a minimum of 1,000 Bitcoin and have an average coin age of less than 155 days. On the other hand, “old” long-term holder whales are addresses that hold a minimum of 1,000 Bitcoin and have an average coin age of 155 days or more. Young Ju, the executive, has made it clear that miner and centralized exchange addresses are not included in either category.

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