Derived from TheMarketPeriodical, new Santiment data shows the number of Bitcoin wallets holding at least 100 BTC has increased since November 11, following a sharp price drop. The 100+ BTC wallet count rose by 0.47%, or 91 wallets, signaling renewed accumulation. Meanwhile, wallets holding less than 0.1 BTC have declined, indicating weakness among small holders. Analysts note that mid-sized holders, including those with 10–100 BTC and 100–1,000 BTC, are accumulating, which may help reduce selling pressure. However, continued selling by large holders with 1,000–10,000 BTC could slow recovery. Futures liquidations and U.S. trading activity were key drivers of the recent selloff.
Bitcoin Wallets Holding At Least 100 BTC Rise Amid Market Recovery
TheMarketPeriodicalShare
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