Bitcoin going down?

From on-chain analytics Glassnode, larger wallet balances have also shuffled around the denomination.
Glassnode reported that "octopus to fish" (addresses holding tokens between 10 BTC and 100 BTC) has decreased by 56K BTC. The holdings of whales to humpback whales (with cryptocurrency holdings ranging from 1,000 to 10K BTC) have decreased by 307K BTC.
However, wallets holding 100 to 1,000 BTC (Dolphin to Shark) have been showing a strong upward trend, increasing their holdings by 331K BTC.
Although giant Bitcoin whales have reduced their shareholdings, amid the trillions of dollars in monetary stimulus measures injected into the global financial market by central banks around the world in the past year, dolphins/sharks are still actively buying BTC as a hedge against inflation.

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