According to online reports, Bitfinex said that new buyers entering the Bitcoin market are regarded as "price-insensitive" investors who have hoarding Bitcoin faster than miners supply it, which may be positive for future Bitcoin prices. "Currently, the combined balance of these groups (new buyers) is growing at a rate of approximately 19,300 bitcoins per month," Bitfinex analysts pointed out in Monday's market report. Analysts emphasized that Bitcoin holders who hold less than 1 ("shrimp"), 1 to 10 ("crab"), and 10 to 100 ("fish") bitcoin holdings are increasing their Bitcoin portfolio at a rate that far exceeds current monthly issuance. Since halving in April 2024, the monthly issuance of Bitcoin has remained at around 13,400. "This part of demand alone is enough to absorb all the new supply," analysts said. They add that these investors continue to buy regardless of price: "This group-level accumulation trend supports the broader bullish narrative that new buyers entering the Bitcoin market are price-insensitive buyers and they are accumulating Bitcoin tirelessly with little interruption."