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Bitrue observes increasing $BTC holdings among whales while retail investors exit
Bitrue reported recent data showing an increase in the number of Bitcoin wallets holding at least 10,000 BTC to a six-month high, indicating accumulation by large holders while smaller investors are selling.
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Bitrue shared that recent data indicates an increase in the number of Bitcoin wallets holding at least 10,000 BTC, reaching a six-month high of 90. This trend points to accumulation by large-scale holders, often referred to as 'whales,' while smaller investors are reportedly selling their holdings. No additional details regarding the data source or further analysis were provided in the post.
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Bitrue is a cryptocurrency exchange platform registered in Costa Rica, offering trading for over 160 crypto pairs, including Bitcoin, Ethereum, Tether, and its own BTR token. The platform features TradingView chart integration, multi-level account security with two-factor authentication and PIN, storage of client funds in cold wallets, and passive income solutions. To learn more, see the broker profile on Traders Union: full review on Traders Union.
For more context on Bitrue’s recent offerings, see our earlier news about Bitrue covering their limited-time ALGO staking promotion with attractive APR and bonus rewards, which aligns with the platform’s ongoing expansion of earning opportunities for users.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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