Bitcoin's "whale wallets" have increased by 297 in the past two weeks
Santiment posted on X platform that the number of "whale wallets" for Bitcoin (broadly defined as 100 BTC or more) increased by 297 (+1.9%) in the past two weeks. During the same period, the number of wallets with less than 100 BTC decreased by 20,629 (-0.1%). As the largest major stakeholders in the cryptocurrency continue to extract more cryptocurrency from selling retail traders, this has historically led to bullish results.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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