Bitcoin suffered yet another tumble, losing roughly 10% over the past week. Despite these volatile price movements, Santiment’s latest analysis reveals that key stakeholders aren’t budging on their BTC holdings.
While looming concerns and FUD spreading within trading circles as the April 19th halving approaches exist, it is also important to note that certain whale groups have demonstrated significant confidence in Bitcoin’s long-term potential.
Bitcoin Investors Hold Steady
The accumulation trend is evident by the data suggesting that wallets holding between 100 to 1,000 BTC purchased 43,489 coins, equivalent to $2.75 billion since March 1st.
A similar pattern was seen across wallets with holdings ranging from 1,000 to 10,000 BTC, which amassed 80,544 coins, totaling $5.1 billion during the same period. Wallets holding between 10,000 to 100,000 BTC also accumulated 91,732 coins, worth around $5.8 billion.
This data compiled by the crypto analytic platform essentially suggests th

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