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Bitcoin Whales Accumulate $13B in 2024 on a Buying Spree

$Bitcoin(BTC.CC)$ Whales Accumulate Staggering $12.95 Billion
Santiment highlights a distinctive shift in the behavior of different-sized bitcoin wallets. Notably, digital wallets containing 100 to 1,000 BTC have been involved in selling bitcoin throughout the year. On the other hand, the wallets with holdings ranging from 1,000 to 10,000 BTC have been engaged in an aggressive buying spree. The data reveals a clear pattern:

1,000-10,000 BTC wallets: A staggering $12.95 billion has been added to these wallets in 2024.
100-1,000 BTC wallets: Conversely, wallets in this range have witnessed a net decrease of $7.89 billion in Bitcoin holdings in 2024.
Source: X
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