The Great Shrimp Awakening (Patreon)

Small Bitcoin holders ie less than 1 BTC (aka "shrimps") have been accumulating Bitcoin at an impressive rate. In the past month, they have bought an average of 33.8k BTC, which is 8.8k more than are issued each month. This is the most aggressive accumulation by shrimps since the 2017 bull market.

This trend suggests that small Bitcoin holders are becoming more educated and committed to the asset. They are aware that Bitcoin is a scarce asset with a limited supply, and they are buying it up before the whales (large Bitcoin holders) do.

The Great Shrimp Awakening is a sign that the Bitcoin market is maturing. It is becoming more accessible to small investors, and they are starting to realize the potential of Bitcoin as a long-term investment.

This trend is likely to continue in the future. As Bitcoin becomes more mainstream, more and more small investors will start to buy it. This will put upward pressure on the price of Bitcoin and make it even more valuable.

EXCITING TIMES AHEAD:

The Great Shrimp Awakening is a good sign for the future of Bitcoin. It shows that the asset is becoming more popular and that small investors are starting to see its potential. This is likely to lead to further growth in the Bitcoin market in the years to come.