BTC whales accumulate 61K BTC over past month, Santiment says

On-chain analytics firm Santiment reports that whale addresses have been consistently accumulating Bitcoin over the past month. According to the firm, addresses holding between 10 and 10,000 BTC have added a total of 61,568 BTC over the last 30 days, despite the price dipping to the $68,100 level. Santiment suggests this is a positive signal that could precede an upward breakout from the current range-bound market. The firm also noted that small-scale investors holding less than 0.01 BTC have been accumulating at a similar pace during the same period.