Bitcoin Whales Accumulate, Holding Fifth of Circulating Supply
CryptoNewsTerminal Staff04 Sep, 2024
Bitcoin Whales Accumulate, Holding Fifth of Circulating Supply
Cryptocurrency analytics platform IntoTheBlock reports that whales holding between 100 to 1,000 BTC have steadily accumulated Bitcoin (BTC) over the past several months, even amid market volatility. This whale cohort now holds a significant 20.3% of the circulating Bitcoin supply.