Bitcoin experienced a rebound on Christmas Eve, with prices rising to $99,000. 🎉 According to data from Santiment, the distribution of Bitcoin wallet addresses shows a large number of addresses holding a small amount of BTC, while the number of addresses belonging to large holders and whales is relatively small.
There are 50.17 million addresses holding 0-0.1 BTC, indicating widespread participation from ordinary investors. Meanwhile, the number of large holders and whale wallets holding 10-1,000 BTC and over 1,000 BTC is 150,130 and 2,050, respectively.
Analysis indicates that as long as the number of these large holders and whale wallets continues to grow and maintain an accumulation trend, the bull market is expected to continue into 2024. 📈 This brings optimistic expectations for the market, but investors still need to remain cautious.