{"id":649658,"date":"2024-10-24T22:30:58","date_gmt":"2024-10-24T22:30:58","guid":{"rendered":"https:\/\/www.wncen.com\/?p=649658"},"modified":"2024-10-24T21:15:01","modified_gmt":"2024-10-24T21:15:01","slug":"bitcoin-whale-numbers-2021","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/bitcoin\/bitcoin-whale-numbers-2021\/","title":{"rendered":"Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?"},"content":{"rendered":"
Recent on-chain data has revealed a new milestone for Bitcoin whales, i.e., addresses holding at least 1,000 BTC. Notably, the data for Bitcoin whales shows the number of addresses in this category is now at its highest point since the January 2021 bull market levels.\u00a0<\/span><\/p>\n With Bitcoin still trading close to its all-time high, this new whale milestone brings into question a better chance of <\/span>Bitcoin breaking above <\/span><\/a>and creating a <\/span>new all-time high very soon<\/span><\/a>.<\/span><\/p>\n Bitcoin whales have always been one of the most important indicators for ongoing sentiment among traders and long-term holders. According to Glassnode data <\/span>presented by<\/span><\/a> Andr\u00e9 Dragosch, director and head of research for Europe at Bitwise, the number of addresses that fall into the whale category has been on a steady climb since January 2024, where it stood just below 1,500 addresses.<\/span><\/p>\nWhale Activity And Holder Count Reaches New Highs<\/h2>\n