Micro Bitcoin (BTC) Holders Are Vanishing at the Fastest Pace Since December 2024

Bitcoin whales and sharks are continuing to increase their holdings as the cryptocurrency trades in the $63,000 to $65,000 range, according to the latest data from Santiment.

The accumulation trend has strengthened since its previous report earlier this week, which highlighted a surge in network activity driven by the impact of the Coldcard hardware wallet security incident.

Retail Dumps Holdings At the time, Santiment reported that active Bitcoin addresses had climbed to a three-month high of 712,000 over the previous seven days, while transactions worth more than $100,000 reached a five-month high of 61,800.

The firm said affected users rushed to move their funds and reorganize their wallets after the security breach, which ended up triggering a sharp increase in on-chain activity. In its latest update, Santiment flagged a notable shift.