Bitcoin Whales Have Scooped Up Nearly $4,800,000,000 in BTC Since September Bottom: Santiment

Bitcoin Whales Have Scooped Up Nearly $4,800,000,000 in BTC Since September Bottom: Santiment


Bitcoin’s (BTC) recent price surge continues to be a “whale’s market,” according to the crypto analytics firm Santiment.

Santiment notes on Twitter that whale addresses holding between 100-1,000 Bitcoin have accumulated 85,700 BTC, worth $4.78 billion, since the largest crypto asset’s late-September price bottom.

 

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Whales of that size currently hold 21.3% of the total supply, an all-time record, according to the firm.

Source: Santiment/Twitter

Bitcoin is trading at $57,579.46 at time of writing, up nearly 20% on the week and 33% in the past 14 days, according to CoinGecko.

Holders also appear to be dominating the current BTC bull market. On-chain analyst William Clemente tells his 306,900 Twitter followers that 85.1% of Bitcoin’s supply hasn’t moved in at least three months, another

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