Editor's PiCK
Number of Bitcoin Addresses Holding Large Amounts Surpasses 2,100…"Indicating Whale Accumulation"
Son Min
Summary
- The number of wallets holding more than 1,000 Bitcoins has once again surpassed 2,100, indicating an acceleration in whale accumulation.
- According to the on-chain data analysis platform Alphractal, this is the first time since last December.
- On the Binance USDT market, Bitcoin is trading at $87,588, up 3.13% from 24 hours ago.
The number of wallets holding more than 1,000 Bitcoins has once again surpassed 2,100.
On the 21st (local time), on-chain data analysis platform Alphractal announced via X (formerly Twitter) that "for the first time since last December, the number of addresses holding more than 1,000 BTC has surpassed 2,100."
This suggests that the accumulation of Bitcoins by whales is accelerating. Previously, Santiment reported that "Bitcoin whale and shark investors have purchased approximately 53,600 BTC since the 22nd of last month. The accumulation movement is strengthening."
As of 4:05 PM, Bitcoin is trading at $87,588 on the Binance USDT market, up 3.13% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin breaks below $70,000… Korea premium at 0.31%](https://media.bloomingbit.io/PROD/news/74018332-717e-4495-9965-328fe6f56cb4.webp?w=250)
