Bitcoin distribution

Humpback

Addresses with more than 10,000 BTC. In this group are all the major exchanges such as Coinbase, Binance, Kraken …
Generally an increase in BTC in this category indicates that users are sending their bitcoin to exchanges and they want to sell them which is usually a bearish.

Whale

Addresses that have between 1000 and 10000 BTC. They are the large holders of BTC funds (strong hands), sometimes they try to influence the market with large purchases, sales or transfers of BTC to increase their assets. It is important to know their movements because of the great influence they have.

Shark

Addresses that have between 100 and 1000 BTC. Important actors because they know Bitcoin well and have experience in the operation of the Bitcoin market. You have to follow their movements closely because they usually have a good view of the situation.

Fish

Addresses that have between 10 and 100 BTC. Together with the Crabs they are the middle class, they are composed of the people who are here are heterogeneous as well as their interests so it is difficult to draw conclusions from their movements.

Crab

Addresses that have between 1 and 10 BTC. Apply what has been said about the Fish, here we have different people with different interests and it is difficult to extract concussions from their movements.

Shrimp

Addresses with less than 1 BTC. They are minorities and tend to operate in favor of market trends, they are highly influenced by fear and the euphoria that is generated. You have to know their movements because they move a lot of volume but you do not have to be influenced by their movements because they tend to follow the trend and many times it is a bad option.

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