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Small Wallets Pile In as Bitcoin Price Builds Momentum

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by Giorgi Kostiuk

3 hours ago


Recent data shows that small investors, known as 'Shrimps', are actively adding Bitcoin to their portfolios, contributing to its price rise.

Small Investors Actively Buy Bitcoin

In recent weeks, there has been an uptick in demand for Bitcoin from small investors, referred to as 'Shrimps' in the market. According to Glassnode, nearly 10,000 BTC was added over a week through wallets holding less than 100 BTC. Overall, the monthly balance growth from 'Shrimp' wallets exceeded 17,000 BTC, a significant figure exceeding the total new supply of Bitcoin, which was about 13,850 BTC.

Market Remains Steady, Future Predictions

As of August 1, Bitcoin was in what analysts referred to as a 'low-risk' zone, holding support near $114,000. Bitcoin Vector emphasized that the cryptocurrency had maintained this stance for 100 days, resembling the situation from October 2020 to April 2021 during an extended upward trend. Although trading activity has slightly declined, interest in Bitcoin remains strong.

Corporate Interest in Bitcoin Increases

Amid rising demand from individual investors, corporate purchases of Bitcoin have also increased. Block Inc., led by CEO Jack Dorsey, added 108 BTC to its holdings in Q2 of 2025, totaling 8,692 BTC. While Block reported a $212.17 million loss on its Bitcoin holdings due to a decline in market value, the steady interest from both small and large buyers continues to support price growth.

The increasing interest from small investors and the corporate sector suggests a potential for further Bitcoin price growth, which has already reached $116,613.15.

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