{"id":276876,"date":"2021-06-17T08:53:59","date_gmt":"2021-06-17T05:53:59","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/millionaire-whales-gobble-up-90000-bitcoin-over-past-25-days\/"},"modified":"2021-06-17T08:53:59","modified_gmt":"2021-06-17T05:53:59","slug":"millionaire-whales-gobble-up-90000-bitcoin-over-past-25-days","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/millionaire-whales-gobble-up-90000-bitcoin-over-past-25-days\/","title":{"rendered":"# \u2018Millionaire\u2019 whales gobble up 90,000 Bitcoin over past 25 days"},"content":{"rendered":"<p>&#8220;<strong># \u2018Millionaire\u2019 whales gobble up 90,000 Bitcoin over past 25 days <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvNmNiMDNiNTgtNWI3MS00M2M1LWE0YmYtNzZjYTQzNWM1MzQ1LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Bitcoin whales are stocking up, with \u201cmillionaire\u201d addresses accumulating around 90,000 Bitcoin worth $367 billion over the past 25 days.<\/p>\n<p>The accumulation was identified by crypto market data aggregator Santiment, which identified that wallets holding between 100 and 10,000 BTC \u2014 described by Santiment as \u201cmillionaire tier\u201d addresses \u2014 are now the largest segment of Bitcoin hodlers and currently account for 48.7% of Bitcoin&#8217;s supply.<\/p>\n<p>The recent buying spree places the millionaire addresses at a seven-week high for the number of Bitcoin held, with the addresses representing more than 9.11 million BTC \u2014 down just a couple of percent from their mid-April high.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> addresses holding between 100 to 10,000 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> have accumulated 90,000 more <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> in the last 25 days. They now hold a 7-week high of 9.11m <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a>, currently worth a total of $366.89 Billion at this time, and 48.7% of the total <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> supply.   <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/5B2qmOW2lg\">https:\/\/t.co\/5B2qmOW2lg<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/eJVSDlEFc3\">pic.twitter.com\/eJVSDlEFc3<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/santimentfeed\/status\/1405063088081014789?ref_src=twsrc%5Etfw\">June 16, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Miners also <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ear to be accumulating BTC, with on-chain analytics provider, Glassnode, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/glassnodealerts\/status\/1405093573549232130\">identifying <\/a>that weekly Bitcoin outflows from miner addresses have slumped to a five-month low of roughly $1.7 million on June 16.<\/p>\n<p><strong><em>Related: <\/em><\/strong><em>Listed companies, trusts and ETPS now control almost 7% of the Bitcoin supply<\/em><\/p>\n<p>Looking at the opposite end of the scale from whales, Glassnode noted the share of supply represented by addresses holding less than one Bitcoin has doubled since December 2017 to comprise roughly 5% of Bitcoin\u2019s market cap.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The response of &#8216;the little guy&#8217; to the evolution of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> as an asset can be seen in the supply distribution.<\/p>\n<p>Entities with &lt; 1BTC (sat stackers) almost own 5% of the supply and have accumulated in four accelerating phases.<\/p>\n<p>Live Chart: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/IujxVGegF9\">https:\/\/t.co\/IujxVGegF9<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/GU5a6emJBU\">pic.twitter.com\/GU5a6emJBU<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/glassnode\/status\/1404986250348482560?ref_src=twsrc%5Etfw\">June 16, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>While many whales and miners appear to be hodling their coins in expectation of higher prices, transaction monitor Whale Alert has <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/whale_alert\/status\/1404640677485547523\">identified<\/a> two transfers of roughly 5,000 BTC or $200 million each destined for Coinbase since June 14, suggesting at least some large investors are looking to trade their Bitcoin.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/millionaire-whales-gobble-up-90-000-bitcoin-over-past-25-days\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# \u2018Millionaire\u2019 whales gobble up 90,000 Bitcoin over past 25 days &#8221; Bitcoin whales are stocking up, with \u201cmillionaire\u201d addresses accumulating around 90,000 Bitcoin worth $367 billion over the past 25 days. The accumulation was identified by crypto market data aggregator Santiment, which identified that wallets holding between 100 and 10,000 BTC \u2014 described by&#8230;<\/p>\n","protected":false},"author":1,"featured_media":276877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvNmNiMDNiNTgtNWI3MS00M2M1LWE0YmYtNzZjYTQzNWM1MzQ1LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863],"class_list":["post-276876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/276876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=276876"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/276876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/276877"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=276876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=276876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=276876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}