According to the latest data published by the on-chain cryptocurrency analytics platform, Santiment, Bitcoin whale addresses have accelerated the accumulation of BTC in the last few days.
Santiment mentioned that 16,104 Bitcoin addresses, holding between 100 and 10,000 BTC, currently own approximately 9.1 million coins worth over $530 billion.
“Of the 16,104 Bitcoin addresses holding between 100 to 10,000 BTC currently, they own 9.1M BTC .
Despite the latest dip in BTC’s crypto market dominance, institutional interest in Bitcoin-related investment products has spiked in the last few months.