Santiment: Wallets Holding 10 to 10,000 BTC Reach Record High of 20,338

Santiment tweeted that the number of wallets holding between 10 and 10,000 BTC has reached 20,338, a new all-time high. Despite significant volatility in Bitcoin's price during this period, this cohort has shown strong growth since mid-July. Santiment notes that, historically, this group is closely correlated with Bitcoin's future price movements. When prices fluctuate, an increase in large holders entering this range indicates that well-capitalized investors maintain confidence rather than exiting during market weakness.