According to on-chain data provider Santiment, #Bitcoin whales have increased their BTC by taking advantage of price fluctuations in recent weeks. These major wallet addresses belong mainly to exchange liquidity providers and have accumulated a total of 212 thousand 450 BTC. This shows that whale-level investors are trying to collect a significant portion of the supply. Unlike mega whales, small whales with a balance of over 10 BTC continue to accumulate and absorb the supply.

According to Santiment, wallet addresses holding over 10 BTC accumulated 16.17 million BTC in total. This accumulation shows that this group of investors continues to have confidence in the future of Bitcoin.