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Whales own almost half of all issued bitcoins

According to the analytical company Santiment, in recent weeks, the “whales” have increased their reserves by 90,000 BTC. Now addresses storing from 100 to 10,000 BTC contain 48.7% of mined bitcoins.

At the moment, 9.11 million BTC are stored at the addresses of the “whales”. At the current exchange rate, this is $ 366 billion. At the same time, the savings go not only to addresses where more than 1,000 bitcoins are stored, but also to smaller wallets.

Judging by these statistics, the “whales” continue to believe in bitcoin and are purchased by the first cryptocurrency on the decline in the rate. However, many of the whales are exchanges and other services that store clients’ cryptoassets.

As for the “whales” of Ethereum, there is a decrease in the share of large holders. The largest volume of ETH at the addresses of the owners of large sums was recorded in mid-May, but since then the number of coins at such addresses has been gradually decreasing.

It is also interesting that miners lowered
Bitcoin sales to the lowest level in the last five months. Over the past week, they sold only $ 1.725 million worth of bitcoins. The weekly miner sales index for bitcoins fell to 0.88, the lowest in 8 months.

Recall that over the weekend, the rate of the first cryptocurrency returned above $ 39,000. Analysts hope that BTC will continue to grow, however, at the moment, Bitcoin remains below $ 40,000, showing no ability to continue to grow.

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