🔻Amid the bearish trend🔻 that has gripped the cryptocurrency market, leading market analytics platform 🧐 Santiment has highlighted a potential bullish signal 🚨 .
Santiment experts see an optimistic signal in the activity of large investors in Bitcoin (BTC), Tether (USDT) and USD COIN (USDC). The accumulation of these cryptocurrencies by crypto whales 🐳 could become a decisive indicator for a possible recovery.
Ig:Crypto_Market_Scam
Market sentiment analysis has shown that strategic accumulation by large holders 🐳 could pave the way 🔺 for a bullish reversal and a rebound to last week's two-year high🚀.
Additionally, Santiment's analysis found that wallets with 10,000-10,000 bitcoins (BTC) currently make up 66.27% of all addresses. This is the lowest 📉percentage since September 26, 2018.
The organization's report emphasizes that the current supply represents the smallest 🔻 amount of BTC since June 20, 2023 — 12.99 million coins. Note that the market value of these tokens exceeds $530 billion.
Holders of large amounts of Tether (USDT) and USD Coin (USDC) showed similar dynamics. Wallets with balances between 100,000 and 10 million USDT💵 account for 33.98% of the supply. Holders of 100,000 and 10 million USDC💵 account for 35.49% of the supply. Over the past six months, these wallets have reduced their assets by 4.02% and 3.05%, respectively.$BTC #news