On-chain data shows that the Bitcoin whales’ holdings have grown to 25.16% of the entire supply, and their net accumulation has continued recently.
Bitcoin Investors With 1,000 To 10,000 BTC Have Continued To Buy Recently
According to data from the on-chain analytics firm Santiment, the BTC whales have accumulated more than 266,000 BTC since the start of the year. The indicator of interest here is the “Supply Distribution,” which keeps track of the percentage of the total circulating Bitcoin supply that the various wallet groups are holding right now.
Trending: Nolte: Far-Left Disney Lost $628 Million on Four Woke Flops
The addresses are divided into these cohorts based on the number of coins they currently have in their balance. The 10 to 100 coins group, for example, includes all wallets that own at least 10 and,
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!