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Bitcoin Whale Wallets Hit a Record While Shorts Pile In. What Comes Next?

BeInCrypto
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Bitcoin Whale Wallets Hit a Record While Shorts Pile In. What Comes Next?

Bitcoin (BTC) wallets holding between 10 and 10,000 BTC have climbed to 20,338, an all-time high, according to Santiment. The count has risen sharply since mid-July, even as BTC’s price swung repeatedly through the same stretch. Bitcoin’s Deep-Pocketed Wallets Keep Multiplying Santiment, an on-chain analytics firm, said this cohort has historically moved closely with Bitcoin’s The post Bitcoin Whale Wallets Hit a Record While Shorts Pile In. What Comes Next? appeared first on BeInCrypto.

Key Takeaways

  1. Bitcoin (BTC) wallets holding between 10 and 10,000 BTC have climbed to 20,338, an all-time high, according to Santiment.
  2. The count has risen sharply since mid-July, even as BTC’s price swung repeatedly through the same stretch.
  3. Bitcoin’s Deep-Pocketed Wallets Keep Multiplying Santiment, an on-chain analytics firm, said this cohort has historically moved closely with Bitcoin’s The post Bitcoin Whale Wallets Hit a Record While Shorts Pile In.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.