According to on-chain data monitoring, an interesting phenomenon occurred on January 9th—addresses holding between 1,000 and 10,000 BTC saw a total reduction of 220,000 coins in their holdings. This rate of decline is the fastest since the beginning of 2023.
Why pay attention to this detail? History will provide the answer. Looking back at 2021-2022, the market also experienced a rapid outflow of holdings from similar addresses. And what happened afterward? Prices surged to new highs.
Of course, past performance does not necessarily predict future results, but this on-chain signal is worth considering—changes in large holders' coin holdings often reflect market participants' true expectations for the future.
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According to on-chain data monitoring, an interesting phenomenon occurred on January 9th—addresses holding between 1,000 and 10,000 BTC saw a total reduction of 220,000 coins in their holdings. This rate of decline is the fastest since the beginning of 2023.
Why pay attention to this detail? History will provide the answer. Looking back at 2021-2022, the market also experienced a rapid outflow of holdings from similar addresses. And what happened afterward? Prices surged to new highs.
Of course, past performance does not necessarily predict future results, but this on-chain signal is worth considering—changes in large holders' coin holdings often reflect market participants' true expectations for the future.