On-chain data tracking platform Santiment recently revealed that Bitcoin investors have been increasing their holdings over the past six months. According to a report on X, the main group of accumulators are wallets that hold more than 10 BTC.

The report shows that the collective holdings of these holders have increased by 1.07% over the past six months. While this may seem like a small increase, these wallets have actually accumulated more than 5,000 BTC in half a year. Whenever the price of Bitcoin plummets, purchases rise. For example, these wallets increased their purchases when the price of Bitcoin plummeted in early May.

Recently, as the price of BTC struggled at the $60,000 mark, these wallets began to buy again. Santiment data shows that the holdings of these wallets have increased sharply over the past month, bringing the total number of BTC held to 16.17 million.

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