Bitcoin: Increase in Large Wallets Observed Since November

New data from Santiment reveals a positive trend in Bitcoin’s large-scale holdings. Since November 11th, the number of wallets holding at least 100 Bitcoin has increased by 0.47%, reaching a total of 91 additional wallets. In contrast, smaller wallets, specifically those holding less than 0.1 Bitcoin, have been declining in number. This trend could potentially signal positive price movements for #BTC in the long term, according to Santiment analysis, which suggests that significant selling activity by retail investors is often a sign of market strength.