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Image Credit: Bitcoinist

New Bitcoin Whale Wallets Balance See Rapid Growth Amid Rising Market Confidence

  • The number of new Bitcoin whale wallets has increased substantially as large investors keep hoarding the cryptocurrency.
  • The balance of these wallets has surged to about 1.97 million BTC, representing an over 813% Year to Date (YTD) growth.
  • The new whale wallets now own 9.3% of the entire Bitcoin supply, worth approximately $132 billion.
  • The surge in new whale wallets and active BTC addresses indicates growing confidence and interest in Bitcoin among institutional and high-net-worth investors.

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