Bitcoin Whale Wallet Count Hits Six-Month High as Retail Bows Out

Bitcoin’s supply distribution is tilting further toward larger players as the number of wallets holding at least 10,000 BTC reached 90 for the first time in six months.

The shift marks a net addition of six such elite addresses over the past eight weeks, a 7.1% rise that has drawn the attention of on-chain analysts.

According to the Santiment update, the move coincides with a noticeable contraction among smaller holders, whose micro wallet balances have been declining through August. This supply rotation is not happening in a vacuum.

Retail sentiment has soured in recent weeks, driven by a pair of unsettling developments. The Coldcard hardware wallet hacks injected a direct security scare into the community, while repeated delays on the CLARITY Act—legislation designed to clarify U.S.