• Relatively smaller Bitcoin addresses begin to accumulate BTC as prices surge.
• Profitability remained low, reducing the chances of sell-offs anytime soon.

Ever since Bitcoin[BTC] has passed the $70,000 mark and then witnessed a correction, speculation around what will happen next to the coin has flooded the crypto sphere.

Crabs and Fishes take the pie

The price of Bitcoin may rally due to the behavior of two distinct groups of holders known as “crabs” and “fishes.” These terms refer to holders with Bitcoin holdings ranging from 1 to 10 BTC for crabs and 10 to 100 BTC for fishes.

Recent observations suggest a potential regime change among these holders, transitioning from a phase of distribution to accumulation.