📊💸 #BTC Non-Wholecoiners show their paper hands

As companies and governments continue to accumulate Bitcoin, non-wholecoiners holding less than 1 $BTC are gradually reducing their holdings, mirroring the trend seen in late 2020.

In the previous cycle, when $BTC surged to $40K, non-wholecoiners offloaded 0.07M BTC. A similar pattern is emerging in this cycle, yet since 2020, retail holdings have still grown by 37% to 1.75M BTC.

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