According to the latest data from Santiment, the wallet dynamics of the Bitcoin ecosystem have undergone significant changes. Although the total number of Bitcoin holders decreased in the last quarter, the Bitcoin network saw the addition of 622 wallets holding more than 10 Bitcoins in the past month. This trend suggests that whale investors' interest is reviving, indicating their confidence in the mid-term outlook of the market. Such trends are crucial for market analysts as they often herald significant liquidity shifts and can impact price stability. Monitoring these wallet trends can provide insights into the behavior of institutional and high-net-worth investors, which remains a key factor in the performance of the Bitcoin market.
