Retail Bitcoin holders are exiting at the fastest pace since December while whales accumulate, driven by Coldcard security concerns and CLARITY Act uncertainty.
Macro & Markets ·
Smaller Bitcoin holders are withdrawing from their positions at rates unseen since December, while large holders expand accumulation, according to recent blockchain analytics. The divergence follows the Coldcard hardware wallet security breach and legislative uncertainty around the CLARITY Act, with four straight days of inflows into US spot Bitcoin ETFs totaling nearly $129 million, led by BlackRock's IBIT vehicle with $123 million.