Bitcoin Wallets Holding 100+ BTC Rise 0.47% Since Nov 11 as Small 0.1 BTC Wallets Decline, Santiment Reports

COINOTAG News reports that since November 11, on-chain data show the number of wallets holding at least 100 BTC has risen by 0.47%, a gain of 91 wallets, underscoring ongoing large-holder accumulation amid shifting liquidity dynamics.

Meanwhile, the cohort of smaller wallets, notably those with 0.1 BTC or less, has contracted, signaling a redistribution of on-chain balances away from ultra-light addresses toward more consolidated positions.

Santiment notes that, in the long run, retail investors’ selling typically has a positive impact on cryptocurrency prices, a thesis that aligns with observed liquidity-driven dynamics in broader market cycles.