The number of Bitcoin sharks, or large investors, has been increasing recently, while the whale count on the network has remained stagnant. The addresses are categorized into different wallet groups based on the amount of Bitcoin they hold. The retail investor groups have not seen much change in numbers, suggesting a lack of adoption among small investors. The number of whales, who can heavily influence the market, has declined slightly in recent months. If whales start buying again, it could potentially lead to a breakout. The current price of Bitcoin is around $29,300.
AI Sentiment: Positive
