#BTCBreaks100K? Today, the bitcoin exchange rate has reached a new historical high, rising to $99,890. This was stated by the researchers of the company Santiment. They stressed that the record was made possible by the activity of large holders, including "sharks" and "whales", who are increasing their $BTC
reserves. Over the past month, owners of wallets with more than 10 bitcoins have accumulated 56,397 coins, which is equivalent to $5.42 billion.
Interestingly, the total number of such wallets has decreased. According to the data, there were 1,256 fewer of them, which is a loss of 0.82% compared to last month. However, the decrease in the number of addresses does not prevent these large investors from holding an increasing number of digital coins.
Experts believe that this may be due to asset consolidation. Perhaps some owners are consolidating their investments by transferring funds to single addresses in order to manage assets more efficiently. It may also indicate high confidence in the growth of Bitcoin's value.
The activity of large holders is considered an important indicator for assessing the current state of the market. The accumulation of BTC by large investors in the face of rising prices may mean a continuation of the bullish trend. However, it is worth following these dynamics to understand how long a bullish rally can last.
Against the background of growth, analysts are paying attention to other metrics. For example, it is important to consider how many coins are held off exchanges. An increase in the number of bitcoins in cold wallets often indicates that investors are ready to move assets in the long term. With the rise in the price of Bitcoin, there is a global interest in the cryptocurrency market. This record once again underlines the importance of large investors in shaping the dynamics.