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The number of Bitcoin sharks and whales has seen the largest increase since February

The number of Bitcoin sharks and whales has seen the largest increase since February

Bitget2025/04/12 05:40

According to a message from ChainCatcher, data from the on-chain analysis platform Santiment shows that the number of addresses holding more than 10 Bitcoins (approximately $821,000) increased by 132 in the past day, marking the largest single-day increase since February 20.

This growth occurred after US President Trump announced a 90-day suspension of tariffs for most countries. Previously, tariff news had sparked market panic, leading to a drop in prices for digital assets like Bitcoin.

Santiment pointed out that the significant increase in large-holder addresses indicates that confidence among key cryptocurrency holders is increasing.

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