Bitcoin Whales Seize 68% of Supply After Adding 218,570 BTC
Bitcoin’s largest stakeholders are quietly tightening their grip on the market. According to blockchain analytics firm Santiment, wallets holding between 10 and 10,000 BTC have accumulated 218,570 BTC since late March, boosting their control to more than 68% of the asset’s total supply.
This deep-pocketed buying spree comes as Bitcoin consolidates near $118,000, with analysts increasingly convinced that the next major price surge will be driven by patient capital rather than retail speculation.
Read More
From Tariffs to ETFs: 5 Catalysts Behind Bitcoin’s Big Drop
Bitcoin Whales Seize 68% of Supply After Adding 218,570 BTC
Bitcoin’s largest stakeholders are quietly tightening their grip on the market. According to blockchain analytics firm Santiment, wallets holding between 10 and 10,000 BTC have accumulated 218,570 BTC since late March, boosting their control to more than 68% of the asset’s total supply.
This deep-pocketed buying spree comes as Bitcoin consolidates near $118,000, with analysts increasingly convinced that the next major price surge will be driven by patient capital rather than retail speculation.
Read More