The number of Bitcoin sharks and whales has seen the largest increase since February
According to a message from ChainCatcher, data from the on-chain analysis platform Santiment shows that the number of addresses holding more than 10 Bitcoins (approximately $821,000) increased by 132 in the past day, marking the largest single-day increase since February 20.
This growth occurred after US President Trump announced a 90-day suspension of tariffs for most countries. Previously, tariff news had sparked market panic, leading to a drop in prices for digital assets like Bitcoin.
Santiment pointed out that the significant increase in large-holder addresses indicates that confidence among key cryptocurrency holders is increasing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nic Carter: The "four-year cycle" concept is outdated, and truly creating value has become the new major challenge
Michael Saylor responds again to bitcoin's decline: To ride a rocket, you must withstand the pressure
Data: Only about 5% of altcoin supply is in profit, the divergence between Bitcoin and altcoins is unprecedented
Trending news
MoreCrypto prices
More
