Bitcoin Dips Below $64K Again—Here’s What Big Investors Did

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There are now 2,044 Bitcoin addresses holding at least 1,000 BTC.

After showing signs of recovery, Bitcoin (BTC) lost momentum and dipped below $64,000 earlier today before finding support there.

While short-term sentiment weakened, the largest BTC holders appeared unfazed, using the decline as a buying opportunity.

Whale Accumulation Returns

Bitcoin whales holding at least 1,000 BTC have increased their combined holdings to 7.17 million BTC, according to Santiment’s latest findings. This is the highest level recorded since March 14. These large holders now control 35.82% of
Bitcoin’s available supply, while the number of wallets holding at least 1,000 BTC stands at 2,044.

Additionally, crypto analyst Darkfost revealed that addresses holding more than 1 BTC have increased their combined holdings to a new all-time high of over 16.8 million BTC. The total supply held by this group continues to rise.

Darkfost explained that this trend could be linked to Bitcoin’s gradual institutionalization, although he stressed that such a development should be viewed from a long-term perspective.

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