Gather ’round, ye crypto-curious, and marvel at the latest on-chain shenanigans! 🧙♂️ The short-term Bitcoin whales-those flashy newcomers with more coins than sense-have gobbled up a whopping 44% of the Realized Cap. That’s right, nearly half the treasure chest is now in the flippers of these 155-day-old sea monsters! 🐋
New Capital? More Like New Chaos! 🎢
In a post that’s more cryptic than a wizard’s spellbook, CryptoQuant’s Maartunn has spilled the beans on this whale-sized trend. 🧙♀️ The Realized Cap, a metric so fancy it makes wizards jealous, measures the total dosh BTC investors have sunk into this digital dragon. And guess what? The new whales are splashing cash like it’s going out of fashion! 💸
Whales, for the uninitiated, are those mythical creatures holding over 1,000 BTC (roughly $111.4 million, or “a lot” in human terms). 🦜 But here’s the twist: these whales aren’t just any whales-they’re the short-term variety, the ones who’ve been in the game for less time than it takes to train a troll. Meanwhile, the long-term whales are probably sipping tea, watching the chaos unfold. 🍵
Behold, the chart that’s got everyone’s knickers in a twist:
As you can see, the new whales have been on a rampage, grabbing 44% of the Realized Cap like it’s the last pie at a goblin feast. 🥧 This “fresh” capital-all $111.4 million of it-is now calling the shots on the BTC network. And to think, the 2021 bull run only managed a measly 31%! 🐌
But how did these whippersnapper whales get so dominant? Simple: they’re either trading among themselves at ridiculous prices or buying from the old guard, who are cashing in their chips. 🍟 The long-term whales, those wise old codgers, are selling during the bull run, passing the torch (or the BTC) to the new kids on the block. As long as the demand keeps up, the party continues-but when the music stops, someone’s left holding the bag. 🎵
Will the STH whales keep their grip, or will the market flip them like a pancake? Only time will tell. ⏳
BTC Price: Still Stuck in the Mud 🌧️
Meanwhile, Bitcoin’s price is about as lively as a damp sock, hovering around $111,400 after Friday’s crash. 📉 Here’s the chart, in all its glory:
So, there you have it: whales gone wild, fresh cash splashing, and a market that’s as predictable as a Discworld dragon. 🌪️ Stay tuned, because in the world of crypto, the only certainty is uncertainty-and the occasional laugh at our expense. 😂
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2025-10-16 11:22