Bitcoin differentiation intensifies: whales are buying up, while small investors are retreating

Bitcoin holding differentiation trend: whales are increasing their holdings, while small investors are reducing their holdings

According to Santiment's monitoring data, when the price of Bitcoin broke through $104,300, wallet holdings showed obvious differentiation:

· Whale dynamics: The number of wallets holding 10 or more BTC increased by 231 in the past 10 days, an increase of about 0.15%, indicating that whale addresses are continuing to accumulate.

· Small investors' performance: The number of wallets holding 0.001 to 10 BTC decreased by 37,465 during the same period, reflecting signs of loss of small-amount coin users.

Trends revealed by the data

· Whale confidence increases: whales' increase in holdings shows that they are optimistic about the long-term value of Bitcoin.

· Small investors' departure: small investors' reduction of holdings may be affected by price fluctuations or profit-taking.

This differentiation trend is clearly visible: large investors are hoarding coins, small investors are leaving the market, and the Bitcoin holding pattern is quietly changing.

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