Bitcoin Whale has accumulated 1% of the total Bitcoin supply over the past 4 months

BlockBeats News, July 31st, according to data from the crypto market analysis platform Santiment, whale addresses holding between 10 and 10,000 bitcoins have accumulated 0.9% of the total supply in the past four months. Considering the current circulating supply of Bitcoin is 19,899,417 coins, this ratio actually rises to 1%. This is because there is still a portion of Bitcoin that has not been mined yet (with a total supply of 21 million coins).

On-chain analyst Ali Martinez stated that in just the past 48 hours, Bitcoin whales have accumulated an additional 30,000 BTC.