Large Bitcoin Wallets Hold Majority of Supply
Recent data from Santiment indicates that wallets holding between 10 and 10,000 $BTC now control around 68% of the total Bitcoin supply.
$BTC is currently trading near $71,500, representing roughly a 6.5% increase over the past week. Market observers often study how different groups of holders behave during periods of market volatility.
For example, long-term holders sometimes maintain positions through price fluctuations, while short-term holders may react more quickly to price movements.