The Bitcoin "whale wallet" has increased by 297 in the past two weeks
Santiment posted on platform X stating that the number of Bitcoin "whale wallets" (broadly defined as 100 BTC or more) has 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%). This is due to major stakeholders in cryptocurrency continuing to acquire more cryptocurrencies from retail traders who are selling off, which historically has led to bullish outcomes.
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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