#Btc @BTC Wires @Bitcoin
Whales Are Accumulating Bitcoin!
Whale activity is noticeable in the cryptocurrency market. Santiment, one of the most important blockchain analysis platforms, drew attention to the increase in the number of Bitcoin whales with the data it shared through the official X account. Accordingly, while small investors are selling BTC, large investors are accumulating BTC and increasing their asset amounts. According to the data announced by Santiment, at least 283 cryptocurrency wallets exceeded the 100 Bitcoin limit in August.
Santiment made the following observation in his post: “While cryptocurrencies disappoint individual investors, the number of Bitcoin whales is climbing. The number of wallets holding at least 100 BTC is increasing day by day.”