Micro Bitcoin

Cryptocurrency

Bitcoin

<p class="is-style-lead">According to Santiment, Bitcoin wallets holding one or fewer BTC have reached their highest coin count ever, a surge in accumulation since November.</p> 
<p>Santiment, a market intelligence platform with on-chain and social metrics for more than 2,500 cryptocurrencies, took to X on Dec. 18 to share that Bitcoin wallets holding one or fewer <a href="https://crypto.news/price/bitcoin/">BTC</a> now hold a record-breaking 1.4 million Bitcoin, constituting 7.3% of the total supply.</p> 
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   <p lang="en" dir="ltr">🐟🦈🐳 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Bitcoin</a>'s wallets holding 1 or less <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$BTC</a> hold their most coins ever, as they aggressively picked up their accumulation since the beginning of November. Mid-tier wallets are slightly down in the past couple months, while whales have increased. <a href="https://t.co/fswoTrzNUv" target="_blank">https://t.co/fswoTrzNUv</a> <a href="https://t.co/gPGLJyKP2g" target="_blank">pic.twitter.com/gPGLJyKP2g</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1736770509252301301?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 18, 2023</a>
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<p>Simultaneously, wallets with 100+ Bitcoin collectively, also known as whales, now account for 11.5 million Bitcoin in an increase over the past couple of months, representing 59.1% of the supply, while wallets with 1-100 Bitcoin collectively hold 6.5 million BTC, making up 33.6% of the supply, in what is a slight decline in the same period.</p> 
<p> You might also like: <a href="https://crypto.news/santiment-cryptocurrency-markets-resurgence/"> Santiment: Cryptocurrency markets experience resurgence </a> </p> 
<p>Santiment reports that at the same time, during the last non-holiday weekend of 2023, the cryptocurrency market experienced a modest decline. </p> 
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   <p lang="en" dir="ltr">📉 <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Crypto</a> has seen a mild slide in its final non-holiday weekend of 2023. <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Bitcoin</a> has dropped back to $41.6K, while <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Ethereum</a> is faring a bit better as it hangs just above $2,200. <a href="https://twitter.com/hashtag/InternetComputer?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#InternetComputer</a> has been the outlier, more than doubling its market cap in a week.<br><br>(Cont) 👇 <a href="https://t.co/c0lhlrrwgA" target="_blank">pic.twitter.com/c0lhlrrwgA</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1736527795139080563?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 17, 2023</a>
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<p>Bitcoin, tagged at $41,600, witnessed a pullback, while Ethereum (<a href="https://crypto.news/price/ethereum/">ETH</a>) demonstrated relative resilience by hovering slightly above $2,200.</p> 
<p> Read more: <a href="https://crypto.news/ethereum-price-can-reclaim-2k-in-august-santiment-predicts/"> Ethereum price can reclaim $2k in August, Santiment predicts </a> </p>

Santiment: Micro Bitcoin wallets hit record holdings in November

crypto.news

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