Bitcoin Shrimp Wallet Activity Plummets Amidst Market Rally

Bitcoin’s price surge continues to captivate investors, but a significant drop in smaller-scale participation reveals a quieter market than expected. Recent data shows that the number of Bitcoin addresses holding less than one BTC (known as ‘shrimp’ wallets) has plummeted from 590,000 in 2021 to just 260,000 today. This trend highlights a reduced presence of retail investors despite recent price milestones.