Bitcoin Faces a Major Holder Shift as Small Wallets Sell and Large Players Accumulate

TL;DR:

• Addresses with balances between 10 and 10,000 BTC added over 20,000 Bitcoin units while the price fluctuated between $63,000 and $65,000.
• Micro-holder wallets recorded the fastest liquidation rate registered since December 2024.
• Network activity reached a three-month peak with 712,000 active addresses in seven days and 61,800 transactions over $100,000.

During the first week of August, large Bitcoin holders steadily increased their positions, absorbing available supply while the price hovered between $63,000 and $65,000. At the same time, retail investors reduced their holdings at the fastest pace observed in over a year. According to the report by Santiment, this divergence coincides with the uncertainty triggered by a security flaw in Coldcard hardware wallets.

Live Chart: https://t.co/Otqzjq6H6S

Updating our previous report, Bitcoin whales & sharks are adding more and more to their wallets at this $63K – $65K level.

Meanwhile, micro holders are showing their sharpest plummet in holdings since December, 2024.

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