Bitcoin whale addresses increase as price maintains $26k support
Bitcoin (BTC) whales are actively accumulating the orange coin, as 16 new wallets now hold between 100-1,000 BTC, Santiment data shows. This trend suggests a growing investor confidence in the flagship cryptocurrency’s future. Bitcoin whale accumulation Bitcoin recently saw another notable day of accumulation among its larger holders, often referred to as “ whale s.” A total of 16 new wallets have now entered the category of those holding between 100 and 1,000 BTC, demonstrating a growing trend. What’s interesting is how this uptick in larger wallets correlates with smaller ones moving up the ranks, potentially reflecting a broadening interest in cryptocurrency. While we avoid any excessive excitement, these developments suggest that as more significant stakeholders increase their holdings, the argument for a potentially positive future for Bitcoin gains strength. On March 15, Bitcoin whale s were on the move, sending over 21,000 BTC to exchang...