Data: The number of wallets holding between 10 and 10,000 BTC has risen to over 20,000, hitting a new all-time high.
46 minutes ago
On-chain analytics platform Santiment has released data showing that the number of Bitcoin wallets holding between 10 and 10,000 BTC has reached 20,338, a new all-time high, and has increased significantly amid price fluctuations since mid-July. Santiment notes that this wallet cohort is closely tied to Bitcoin’s future price direction. The entry of large investors (whales) into this range amid volatile market conditions indicates that major capital has not exited en masse during the recent price downturn.
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