Bitcoin Whales Reduce Holdings by 500,000 BTC Amid Institutional Demand

According to Santiment, Bitcoin whale addresses holding between 100,000 and 10,000 BTC have accumulated 0.9% of the total supply over the past four months, now representing 1% of the circulating Bitcoin, which is currently 19,899,417 BTC. In just 48 hours, these whales added a cumulative 30,000 BTC to their holdings, as stated by on-chain analyst Ali Martinez.

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Bitcoin Whales Reduce Holdings by 500,000 BTC Amid Institutional Demand - CoinPost Terminal