PANews reported on March 15th that Santiment stated in a report that key investors holding wallets with 10 to 10,000 Bitcoins are increasing their holdings and PANews reported on March 15th that Santiment stated in a report that key investors holding wallets with 10 to 10,000 Bitcoins are increasing their holdings and
Santiment: Whales holding 100,000 to 10,000 Bitcoins are increasing their Bitcoin holdings.
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PANews reported on March 15th that Santiment stated in a report that key investors holding wallets with 10 to 10,000 Bitcoins are increasing their holdings and currently control 68.17% of the total supply, up from 68.07% seven days ago. Santiment believes that the recent increase in Bitcoin whale holdings is a "positive reversal," and the platform is closely monitoring retail selling to confirm a potential market bottom.
Furthermore, Bitcoin has exhibited unusual strength relative to the S&P 500, breaking the typical correlation seen during current geopolitical conflicts. The S&P 500 has fallen approximately 2.2% over the past five weeks; Bitcoin has risen 2.4%; and gold has increased 3.7%.
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