Bitcoin Whale Wallets On The Rise As Market Sentiment Grows

Bitcoin Whale Wallets On The Rise As Market Sentiment Grows

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Source: TheMerkle.com

Bitcoin’s whale activity has surged in recent weeks, with wallets holding 100 or more BTC growing by 297, an increase of 1.9%. Meanwhile, smaller wallets—those holding less than 100 BTC—declined by 20,629, down 0.1%.

This trend shows that large holders are accumulating, a potential signal of bullish sentiment as whales absorb coins sold by smaller investors.

🐳 Bitcoin's whale wallets, which we can define loosely as 100 or more

Read More https://themerkle.com/bitcoin-whale-wallets-on-the-rise-as-market-sentiment-grows/

The post "Bitcoin Whale Wallets On The Rise As Market Sentiment Grows" appeared first here TheMerkle.com.

Source: TheMerkle.com

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