Bitcoin Whale Accumulation
In recent insights provided by on-chain data specialist Santiment, Bitcoin’s major stakeholders have demonstrated resilience amidst market turbulence, maintaining their positions despite volatile fluctuations that saw the leading cryptocurrency’s market value drop to as low as $61.5K over the past weekend.
As uncertainty looms with the impending April 19th halving, Santiment’s analysis sheds light on the behavior of significant whale groups since March 1st:
Wallets holding between 100 to 1,000 BTC have accumulated a total of 43,489 coins, amounting to approximately $2.75 billion USD.Wallets with holdings ranging from 1,000 to 10,000 BTC have accumulated 80,544 coins, valued at around $5.10 billion USD.
Meanwhile, wallets containing 10,000 to 100,000 BTC have accumulated 91,732 coins, with a total value of approximately $5.80 billion USD.
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