New data from Market Intelligence Santiment shows that one major slice of all Bitcoin (BTC) holders suddenly decreases.
In a new update, encryption analysis platform He says The number of encrypted whales bearing at least 100 bitcoin decreased last month – even with the growth of the network portfolio in general.
While those with less than 100 Bitcoin rose last month, those with 100 BTC fell by six. According to Santiment, the growth or decrease of those with 100 or more Bitcoin has a significant impact on the work of the main encryption asset prices.
Note that the main growth came from small portfolio levels. The number of portfolios at less than 0.1 BTC grew by 37,390 during this time, while the number of portfolios containing 0.1 and 100 BTC grew by 12754.
As you may guess, the behavior of this portfolio (with the highest amount of capital) dictates the price. Therefore, although the network continues to flourish, the optimal preparation for the upholstery process of 2025 occurs when all of these three levels rise simultaneously – or at least see more than 100 BTC begin to rise. “
Bitcoin is trading for $ 86,751 at the time of writing, a decrease of 3.3 % in the past 24 hours.
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