Bitcoin (BTC) climbed to a high of $97,800 on Wednesday even as global geopolitical tensions remained high, pushing its weekly gains to nearly 8%.
Interestingly, on-chain data showed large holders increasing accumulation while smaller retail wallets reduced exposure.
Whales Are Back
According to the latest analysis shared by Santiment, whale and shark wallets holding between 10 and 10,000 BTC have collectively accumulated a net 32,693 Bitcoin since January 10. In the process, these players have raised their combined holdings by 0.24%. This level of accumulation is the highest seen in approximately two months, based on its findings.
However, the same cannot be said for shrimp wallets that hold less than 0.01 BTC. This cohort has collectively sold 149 BTC over the same period, which resulted in a 0.30% decline in their aggregate balances. Hence, there is significant divergence in behavior as accumulation remains concentrated among higher-balance wallets while micro holders reduce positio
We współpracy z: https://cryptopotato.com/bitcoin-enters-very-bullish-zone-as-large-holders-stack-btc/
