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2026-08-11 04:07:42 UTC

Blockchain Report on Nostr: Santiment data indicates a significant accumulation of Bitcoin by large holders, with ...

Santiment data indicates a significant accumulation of Bitcoin by large holders, with the number of addresses holding over 10,000 BTC reaching a six-month high of 90. This marks an increase of six such addresses in the past eight weeks. Concurrently, addresses holding between 10 and 10,000 BTC have collectively acquired approximately $1.5 billion worth of Bitcoin since July 29th. This trend suggests a consolidation of holdings from retail investors to larger entities, potentially increasing the probability of future price upward movements, according to Santiment.

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