Bitcoin (BTC) news: 'Strongest hands' are back, on-chain data show
Bitcoin’sBTC$64,080. 96elite holders are quietly loading up again. The number of wallets holding at least 10,000 BTC has climbed back to 90, a six-month high, according to analytics firm Santiment. Over the. . .
Bitcoin’sBTC$64,080. 96elite holders are quietly loading up again. The number of wallets holding at least 10,000 BTC has climbed back to 90, a six-month high, according to analytics firm Santiment. Over the past eight weeks alone, the count of these “whale” wallets has risen by six, a 7. 1% increase. The move builds on a broader accumulation trend first flagged four days ago. Since July 29, wallets in the 10–10,000 BTC range (whales and sharks) have accumulated BTC worth $1. 5 billion. Santiment noted at the time that the pattern of larger players accumulating while smaller holders sell raised the odds of a move above $70,000 versus a drop below $60,000. Meanwhile, “micro” wallets have been steadily shrinking throughout August. Santiment links this divergence to two recent catalysts of uncertainty and doubt: The Coldcard hardware-wallet exploit, which drained roughly $120 million worth of bitcoin, and continued delays to the U. S. Clarity Act, the long-awaited crypto market-structure bill that the Senate has now pushed to September. These trends point to a classic supply rotation, with coins shifting from smaller holders into the wallets of the largest investors, the so-called “strong hands. ”Source:https://www. coindesk. com/markets/2026/08/11/bitcoin-s-strongest-hands-are-back-on-chain-data-showPost navigation