These small groups of addresses are mostly rumored to be retail buyers that hold less than 1 BTC. The addresses that hold 0.1-1 BTC have hiked their wallet balance by 1.4% in mere 30 days. Almost 5.51% of the circulating supply has been accumulated by the addresses that hold less than 1 BTC.
Whales gulping a chunk of BTC
In the last 30 days, the whale addresses that hold 10k-100k BTC have risen similarly to the retail group. An estimated 84 addresses now hold a whopping total of 2.17m BTC. The accumulation pattern seems to be repeating here as we see the rising stack.
With institutions and significant players amassing bitcoin, it’s safe to assume that five years from now, everyone will be competing for a piece of BTC. When everyone wants to get their hands on BTC, one can only imagine how high the price will rise.