New data from <a href="https://medium.com/intotheblock/unraveling-bitcoins-market-patterns-0c5e2b95d14a" target="_blank" rel="nofollow noopener">IntoTheBlock</a> reveals that major Bitcoin (BTC) investors, often referred to as "whales," have accumulated over $10 billion in the cryptocurrency during the last six months. These large holders, controlling between 100 and 1,000 BTC, have steadily increased their Bitcoin reserves despite recent market declines.
<h3>Significant Rise in Bitcoin Supply Control</h3>
The report shows that these whale investors now control 20.3% of the total <a href="https://www.cryptoknowmics.com/news/bitcoin-summer-chop-nears-end-analyst-predicts-october-recovery/" target="_blank" rel="noopener">Bitcoin</a> supply. This marks a significant increase in their holdings, with a jump from 3.82 million BTC to 4.01 million BTC—a 5% rise. In total, they have added around 190,000 BTC to their portfolios during this period, signaling continued confidence in Bitcoin's long-term value.
<h3>Short-Term Holders at Risk Amid Volatility</h3>
While Bitcoin whales continue to accumulate, the report warns that short-term holders, defined as those holding BTC for less than 155 days, may be more vulnerable to selling if the market experiences further declines. This group is more likely to react to price fluctuations, potentially adding pressure to the market.

Currently, 78% of all Bitcoin addresses are profitable. However, those who bought at higher prices, ranging from $47,000 to $64,000, may face potential losses, with only 27.6% of these addresses in profit.

<em><strong>Disclaimer: </strong></em>The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

Bitcoin Whales Accumulate $10 Billion Amid Market Fluctuations

Bitcoin whales have added $10 billion to their holdings over six months. Large holders now control 20.3% of BTC supply despite recent price drops.

Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more
than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

Bitcoin Whales Accumulate $10 Billion Amid Market Fluctuations

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