Data reveals that Bitcoin whales have increased their holdings to 1% of circulating supply, reflecting their growing market influence amid ongoing accumulation.
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.