April 26, 2024

Santiment: Bitcoin whales have bought a record number of BTC

Santiment: Bitcoin whales have bought a record number of BTC

The analytical resource Santiment notes the active accumulation of assets by bitcoin whales.

Large holdersbitcoins with a balance of 100 to 10,000 coins have added another 130,000 BTC to their wallets over the past four weeks. This is a new all-time high for the total balance of large hodlers at 9.19 million BTC (~ 43.7%).

At the same time, the rate of accumulation of the first cryptocurrency is growing. Since May, the whales have accumulated 170,000 BTC, with 130,000 coins in the last month.

Santiment: Bitcoin whales have bought a record number of BTC

Previous record highs were 5April, on the eve of Bitcoin's maximum takeoff. Experts noted such an increase in the rate of accumulation at the end of last year, before a large-scale bull run.

The resource analysis also showed that one of the main price indicators – number of unique BTC in circulation – reached its highest level since May.

Santiment: Bitcoin whales have bought a record number of BTC

Analysts believe that such a recovery in key indicators is observed before the market recovery.

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