According to the cryptocurrency analytics platform Santiment, there have been a record number of addresses holding between 10 and 1,000 BTC since 2020.
These whale investors have increased the size of their holdings by 5.4%, increasing the total number of such wallets to 151,100.
The rise in the number of wallets actively acquiring Bitcoin is directly correlated with the price of Bitcoin, which is presently at a two-year low and relatively inexpensive.
Investors in bitcoin return to the market, reaching a two-year high.
SourceU.Today
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