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Bitcoin Whale Addresses Hit Highest Number Since August 2019

Large crypto investors, popularly known as “whales,” seem to be accumulating bitcoin amid the ongoing price rally.

The increase in the number of addresses with more than 10,000 BTC is likely the result of long-term holders coming back online to expand their holdings. Credit: Shutterstock
The increase in the number of addresses with more than 10,000 BTC is likely the result of long-term holders coming back online to expand their holdings. Credit: Shutterstock