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Amin Ayan

Bitcoin Whales Boost Holdings to 68.17% of Supply as Price Trades Around $71,000

Large Bitcoin wallets holding between 10 and 10,000 BTC have increased their share of the circulating supply to about 68.17% as the price hovers near $71,000, according to Santiment data. Bitcoin was trading around $71,350 at publication time, while analysts note that a durable market bottom may still hinge on retail investors turning more pessimistic and reducing exposure.