Investors in the range of 0.01 BTC to 1 BTC are accumulating at very high speed right now and are hitting constant ATHs in the Supply they own.

It is obviously always fun to look at how well or not so well certain groups of investors are doing like whales, but I think it is even more fun to look at how well we are doing ourselves. If I had to guess what kind of a Bitcoin holder group most of this sub consists of, I would very likely be thinking into shrimps and planktons.

And no those are not just some funny animal descriptions, but actually how many analysis refer to those groups. Shrimps are said to be the group holding 0.1 BTC to 1 BTC, anything under that is unofficially referred to as the planktons, though many just say holding any amount under 1 BTC makes you a Shrimp.

Moving out of those funny animal names, on this chart we actually have a visualisation of how these groups are accumulating right now with data from Glassnode.

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0,01BTC to 1 BTC users accumulation speed of Bitcoin, by MitchellHODL

Basically, we are seeing one of the highest monthly accumulation of those shrimps right now, which is very comparable to the peak levels of 2017 bull market and actually even higher than during the last bull market in 2021. It is only lower to our massive accumulations this bear market while we were sub $20k. Seems like many actually took the opportunity.

Thus we are hitting near constant ATHs in the Supply hold by those smaller, retail, investors. Which just shows how smart we have actually become, even if many here usually say we are all “too dumb“. I would even say that we have become progressively more smart in when to accumulate, we do deserve a pat on our back here.

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50 thoughts on “Investors in the range of 0.01 BTC to 1 BTC are accumulating at very high speed right now and are hitting constant ATHs in the Supply they own.”

  1. Yep I’m in a race against the clock. Trying to accumulate a whole bitcoin before the bull run starts

  2. well, it’s quite simple, you have to be mad not to DCA and accumulate more during the bear market. Those people do it right.

  3. Accummulation is hard part in the volitile market
    No one can tell what is the right time to accummulate!

  10. Shrimps are eating ramen now so they can buy more BTC, and eat steak in the bull run

  23. well yea when you have $10 invested its easy to go full in and double your investment

  26. Retail is stacking hard lately as the halving will begin to get prices in soon enough.

  27. Glad to see people accumulating. Let’s hope it’s not just whales dumping on the smaller investors

  35. >Thus we are hitting near constant ATHs in the Supply hold by those smaller, retail, investors. Which just shows how smart we have actually become

    Unpopular opinion: In order for shrimp and plankton to increase their holdings, it requires bigger holders to sell.

    This movement could also be seen as the rich cashing out and getting richer.

  36. I’m at .375 and I am really considering ramping up the pace. I wanna get to .5 by the halving.

    I’m actually considering taking money out of tax sheltered accounts to become a whole coiner.

  38. An alternative title would be “whales continue to use new investors and exit liquidity.”

  40. This is because the CBDC dystopian future is on the horizon now. Before, it was an acronym. Now, they might use the threat of US debt ceiling default to rush leglisation in to “save us.”

    Biffs Back to the Future where he’s in charge, and everyone is in poverty down below is already here in many large western cities. Tent city, inner city warzone no go areas are rife. When the control of the money is even tighter, that is just another block falling into place for total utter control.

    Each day that passes is another day wasted in gathering more crypto. Resistance is futile.

  41. “And are hitting constant ATHs in the supply they own”

    That hit me in particular and caused me to smile.

    My main bag is sitting at a $33k break even. Ugh.

    However, I was once paid a $600 debt by someone who paid me with $600 in Bitcoin on CashApp. And I’ve let it sit there in CashApp. Why? Because he paid me that $600 when BTC was about $21k. Every day when I see my main bag in red I flip over to this little account and enjoy seeing it hover around $750-850 and it makes me smile.

    Little pleasures …

  42. >Which just shows how smart we have actually become, even if many here usually say we are all “too dumb“.

    They are accumulating when price goes up in 2023, but not as heavily when it was down near end of 2022? Sounds like FOMO more than smart money.

  47. Doesn’t this mean that people that believe in Crypto are hoarding more of it, and people that don’t think it’ll take off are abandoning ship? Like, you’re saying the accumulation is entering the peak phase of the of bull market, which meant things went downhill from there no?

    .1 BTC in 2017 would’ve meant you put 700-2000 into BTC, but in 2023 you would’ve needed to put at least 1700 in BTC minimum to have .1 BTC, and if this group is buying shouldn’t the other groups be the ones selling?

  49. People who recently started buying Bitcoin during a rising market are seeing prices that are higher than they’ve seen before?

    If you walk along a fence, the more fence there is behind you. The more pizza you eat, the more pizza is in your stomach, until it turns to poop, then I don’t know what happens to the pizza. Maybe it’s in a pile next to the dumpster behind Denny’s.

    We all have emergencies. Better buy more Bitcoin.

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