Bitcoin Divergence Widens as Mid-Sized Holders Accumulate Into Weakening Demand

According to a report shared by CryptoQuant, Bitcoin’s on-chain structure is entering a phase of growing divergence between holder behavior and broader demand dynamics. Mid-sized holders, commonly referred to as dolphins, continue to expand their Bitcoin balances even as price momentum and aggregate demand show signs of deterioration. source: https://www.ethnews.com/bitcoin-divergence-widens-as-mid-sized-holders-accumulate-into-weakening-demand/