Apr 12, 2025
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Bitcoin Wallets Holding 10+ Coins Increase by 132 in Recent Days
Recent on-chain data indicates growth in large Bitcoin wallets, suggesting increased confidence among significant holders.
Key Points
- Wallets holding 10 or more tokens have increased recently.
- The Supply Distribution indicator tracks the number of wallets based on token ownership.
- The threshold for this group is approximately $821,000, targeting large investors (sharks and whales).
- Bitcoin Supply Distribution for the 10+ coins category shows a recent turnaround after a slight downtrend.
- This rise coincides with US President Trump's announcement of a 90-day pause on tariffs, which had previously affected market sentiment.
- Wallets with 10+ coins increased by 132, marking the largest growth since February 20th.
- Current Bitcoin price is around $82,100, down about 1% over the past week.
