Whales holding between 10 and 10,000 BTC increased their holdings, accounting for 68.17% of the total supply.

BTC-0,47%

Gate News reports that on March 15, Santiment stated in a report that key investors holding between 10 and 10,000 Bitcoin are increasing their holdings. They now control 68.17% of the total supply, up from 68.07% seven days ago. Santiment believes that the recent increase in Bitcoin whale accumulation is a “positive reversal,” and the platform is closely monitoring retail investors’ sell-offs to confirm a potential market bottom. Additionally, Bitcoin has shown rare strength relative to the S&P 500 index, breaking the typical correlation during current geopolitical conflicts. Data shows that the S&P 500 has fallen about 2.2% over the past five weeks, while Bitcoin has risen 2.4% and gold has increased 3.7%.

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