According to BlockBeats, on August 6, IntoTheBlock reported that wallets holding between 1,000 to 10,000 BTC have shown confidence during the recent market downturn by continuously increasing their holdings. As of August 4, these large holders, often referred to as 'whales,' collectively possess 4.79 million BTC.

On the other hand, wallets holding less than 1 BTC have shown weakness, with their holdings experiencing the largest decline during the market's recent slump.