Bitcoin (BTC) News: 'Strongest Hands' Are Back, on-Chain Data Show

Bitcoin (BTC) news: 'Strongest hands' are back, on-chain data show

Bitcoin wallets with over 10,000 BTC has reached a 6-month high of 90 as larger holders accumulate and retail sells amid Coldcard hacks and regulatory delays.

Bitcoin's Biggest Wallets Increase to a Six-Month High

Key Insights: Bitcoin whale wallets have risen to a 6-month high, with addresses holding more than 10,000 BTC now totaling 90. The addresses accumulated over 46,000 BTC on August 9, even as the smallest holders are dumping. Bitcoin declined today after sustained price action that pushed it to $65,000. The number of Bitcoin wallets holding at least 10,000 BTC has risen to a six-month high. According to crypto intelligence firm Santiment, 90 wall…

Bitcoin's 10,000-BTC wallets hit 6-month high, what's next?

Santiment data shows that the total number of Bitcoin wallets registered with a minimum balance of 10,000 BTC has reached 90, the highest level in 6 months, even as the smallest wallets have continued selling. Bitcoin (BTC) is trading at around $64,322 at the press time. The divergence might provide a hint about the next market direction. Large investors are buying Bitcoin while smaller traders are withdrawing from it. According to Santiment, th…

Bitcoin elite whales spike to a six-month high

As Bitcoin (BTC) price dropped nearly 2% over the past 24 hours after it was rejected at a resistance level around $65,180, on-chain data shows that the number of elite holders, wallets with at least 10,000 coins, has climbed to its highest level in six months. The number of elite Bitcoin wallets is at 90 on August 11, according to data from Santiment Intelligence. Over the past 8 weeks, these wallets have grown by about 6 accounts, or a 7.1% in…

Bitcoin: 90 wallets now hold at least 10,000 BTC – What changed?

Bitcoin elite wallet count reached a six-month high as larger holders expanded their share of circulating supply.