Bitcoin Bullish Signal? Small Investors Show Rapid Accumulation

On-chain data shows small Bitcoin holders have accumulated recently while whale holdings have decreased, a sign that may be bullish in the long term.
Bitcoin Investors With 0-1,000 Coins Have Increased Their Holdings Recently
As a Twitter user has pointed out using data from Santiment, holders with wallet amounts in the 0-1,000 coins range have aggressively accumulated at recent lows. The relevant indicator here is the “Bitcoin Supply Distribution,” which tells us which wallet groups