Bitcoin Whale Wallets Surge with 622 New Holders Joining the Network in Four Weeks

According to recent data from Santiment, the Bitcoin ecosystem has witnessed a notable shift in wallet dynamics. Despite a reduction in the overall count of large Bitcoin holders over the last quarter, the network has seen the addition of 622 new wallets holding over 10 BTC within the past month. This trend suggests a resurgence of interest from whale investors, signaling potential confidence in the market’s medium-term outlook. Such movements are critical for market analysts as they often precede significant liquidity shifts and can impact price stability. Monitoring these wallet trends provides valuable insights into institutional and high-net-worth investor behavior, which remains a key factor in Bitcoin’s market performance.