Quick Take
Recent data analysis reveals that, as the BTC on exchange balance continues to dwindle, now currently sitting at roughly 2.3 million, there’s a concurrent rise in the balance size of the smaller ownership groups, specifically the “shrimps” and “crabs.” These crypto creatures own less than 1 and 10 BTC, respectively.
Currently, exchange balance dominance is 11.8%, marginally ahead of the crabs at 10.8% and significantly over the shrimps at 6.9%. The interesting dynamic here is the declining dominance of exchange balances and the corresponding increase in control by these smaller cohorts.
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