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Bitcoin Accumulation Surges as Key Wallets Add 218,570 BTC Since March, Holding 68.44% of Supply

2025-07-31 06:11:21

Bitcoin Accumulation Surges as Key Wallets Add 218,570 BTC Since March, Holding 68.44% of Supply

Main Idea

Bitcoin whales holding between 10 and 10,000 BTC have accumulated an additional 218,570 BTC since late March, now controlling 68.44% of the total bitcoin supply, which may signal potential bullish momentum and significant market influence.

Key Points

1. Bitcoin whales (10-10,000 BTC holders) accumulated 218,570 BTC since late March, a 0.9% increase in holdings.

2. These whales now control 68.44% of the total bitcoin supply.

3. Whale accumulation often precedes significant market movements, indicating potential bullish momentum.

4. Data from ChainCatcher and Santiment supports this trend, suggesting increased market influence by large holders.

5. The dominance of whale holdings could impact bitcoin's price stability and future market trends.

Description

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