During the previous week, one Bitcoin (BTC) traded hands for as little as $15,682 at its lowest price. According to the data found on the blockchain, the crypto analytics market saw all the major types of Bitcoin investors, including whales, shrimps, and crabs, making active purchases of Bitcoin over the whole week.

This demonstrates that investors have not been put off by the recent drop in the price of the most valuable cryptocurrency asset.

The Number of Bitcoins Held by Shrimps Continues to Grow.

The term "shrimps" refers to insignificant investors who hold far less than one Bitcoin combined. Since the beginning of the market slump, this group has been increasing the amount of Bitcoin that they possess.

They are discovering that the asset can be purchased at a lower cost. Shrimps increased their total balance by more over 60,000 Bitcoin in July, according to statistics from a variety of crypto analytics services.

Price fluctuations are very likely to be experienced with shrimp. However, as soon as the price of BTC returned to a level that was seen to be desirable, they began hastily purchasing digital assets.

Shrimps' total net holdings of Bitcoin (BTC) have been continuously growing since the beginning of this year, despite the fact that they were initially quite low. Shrimps' net supply has reportedly reached 1 million after experiencing a significant surge after the collapse of the FTX exchange, as indicated by the figures provided by Glassnode.

November saw an increase in Bitcoin spot prices for Crabs.

Crabs are groups of relatively insignificant investors who have together acquired significant capital. They have been accumulating their Bitcoins over the course of time. This group often has between one and ten bitcoins in their possession, and members of this set are typically knowledgeable about their investment.

In a manner analogous to that of Shrimps, an on-chain investigation suggests that Crabs made active purchases of Bitcoin after the FTX meltdown. The total net position of Crabs saw a significant increase during the second week of November, reaching 2,800,000 BTC. This position had remained unchanged since September.

The Number Of Fish Available To Sharks Surpasses 6.9 Million

The Fish-to-Shark team, also known as owners of between 10 and 1000 Bitcoins, is a category of investors that made significant investments in Bitcoin in the aftermath of the FTX event. Unfortunately, on-chain evidence demonstrates a precipitous drop in the number of BTCs possessed by this group between May and June.

This class has aggressively accumulated the leading digital asset since the contagion, resulting in a latest all-time peak of 2022 at above 6,900,000

A significant improvement can be seen in their gross availability position, which had been relatively stable up until the month of August but has seen a significant jump in the past fourteen days.

Bitcoin Whales Are People Who Have More Than a Thousand Bitcoins in Their Wallets.

The majority of those included in this group have been involved in Bitcoin trading throughout the entire year. Many people have been compelled to reduce their risk. In a macroeconomic environment that is unfavorable to them, this allows them to obtain as much liquidity as they possibly can.