$BTC

The price of Bitcoin has stabilized above the $100,000 level, down only 6% from its all-time high of $111,800, despite geopolitical and trade challenges, along with the effects of seasonal slowdown.

This stability amid market disruptions may be explained by increased activity from major players, but signs of contraction in the network have begun to clearly emerge.

Over the past ten days, the number of wallets containing 10 Bitcoins or more increased by 231 wallets, a rise of 0.15%, according to data from “Santiment”.

In contrast, the number of smaller wallets decreased by about 37,465 wallets, reflecting a gradual withdrawal from individual investors.