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Bitcoin: 90 wallets now hold at least 10,000 BTC – What changed?
['Erastus Chami', 'Written By', 'Reviewed By', 'Ishika Kumari', 'Benjamin Njiri', 'Gladys Makena']
AMBCrypto
Santiment analytics recorded 90 wallets holding at least 10,000 BTC, highlighting renewed concentration among Bitcoin’s largest addresses.
The decline reduced the gap between Bitcoin’s valuation and the transaction activity supporting that valuation.
Whale growth alone reflected ownership changes, while NVT captured Bitcoin’s valuation relative to transferred value.
Bitcoin [BTC] price action remained compressed between $62,398.63 support and $65,551.24 resistance, keeping Bitcoin’s immediate direction unresolved.
Yet the upside concentration overlapped more closely with Bitcoin’s $65,551 resistance, making that region especially important for buyers.