Bitcoin addresses with 0.01BTC, 0.1BTC and 1BTC kept increasing last year while Whale addresses decreased. This happened for the first time in a bear market.

Many people here may have the conception that in a bear market everything just goes downwards and there would definitely be no new buyers, especially smaller buyers that are most likely retail like we all and if someone buys they would just be whales are rich people. Well, after over a year of a brutal bear market now we can say that exactly the opposite happened.

In fact, the bitcoin addresses with 0.01BTC, 0.1BTC and 1BTC and even 10BTC(crab addresses) have just increased over the past year, while shockingly the addresses with over 1k BTC or 100k BTC have been decreasing. Yes, due to this bear market we got more smaller buyers than whale buyers. Here are two fraps that compare is anomaly pretty well:

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From Bitcoin Magazine

As we can see there has been an increase in those 0.01BTC to 1BTC addresses throughout 2022, hitting a new ATH that is even bigger than in the bull market of 2021.

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From lookintobitcoin

Now here we can see that contrary to earlier bear markets where whales have been increasing, this time they are just decreasing, which is also very unusual to happen.

What does this say? Well basically that this bear market is very different on all fronts to prior bear markets in Crypto as this time we are having a redistribution of wealth to lower addresses, which will bode very well for Bitcoin and all of Crypto in the long-term.