Bitcoin wallets holding 10 to 10,000 BTC reach all-time high of 20,338
Summary
The number of bitcoin wallets holding between 10 and 10,000 BTC has reached an all-time high of 20,338, as reported by Santiment. This growth in mid-tier wallet counts has been consistent since mid-July, despite ongoing volatility in bitcoin's price. Santiment's data underscores the continued accumulation of Bitcoin among this specific group of wallet holders, reflecting a trend of increasing confidence in the cryptocurrency market.
Tokens
$BTC
Analysis
Bitcoin: Bitcoin is the original decentralized cryptocurrency that runs on a proof-of-work blockchain and functions as a digital store of value. It remains the largest cryptocurrency by adoption and serves as the benchmark asset for the broader digital asset market. The news reports an all-time high in the number of Bitcoin wallets holding between 10 and 10,000 BTC, indicating continued accumulation in this range. Santiment: Santiment is a blockchain analytics platform that delivers on-chain data, market metrics, and sentiment analysis for cryptocurrencies. It specializes in tracking wallet activity, transaction flows, and network health across major digital assets. Its latest report identified the record number of Bitcoin wallets in the 10-to-10,000 BTC cohort. On-Chain Insight: Santiment data highlights persistent growth in Bitcoin holdings within a defined wallet size band. Accumulation Trend: Bitcoin mid-tier wallet counts have risen steadily in recent months even amid price swings.
Categories
cryptobitcoinon_chain_whale