Santiment stated on platform X, "As we approach Christmas, Bitcoin and altcoins are recovering well. Bitcoin has rebounded to a high of $99,000, and traders are hoping for a $100,000 Christmas gift. Here are the number of BTC wallets categorized by size:

0-0.1 BTC wallets: 50.17 million

0.1-10 BTC wallets: 4.31 million

10-1,000 BTC wallets: 150.13 million

1,000+ BTC wallets: 2,050

Especially in the last two groups, as long as their numbers rise and maintain continuous accumulation, a bull market is very likely to continue, just as they have done throughout 2024."