Data: Bitcoin Whale Continued to Accumulate in April, Number of Addresses Holding Over a Thousand Coins Increased

Blockbeats
Yesterday

BlockBeats News, April 21st, according to Cointelegraph's report, on-chain data shows that despite the Bitcoin price decline from March to April, the number of addresses holding over 1000 BTC has reached a nearly four-month high. According to Glassnode data, the number of addresses holding over 1000 BTC increased from 2037 at the end of February to 2107 on April 15th, marking a near four-month high. The current number is close to the levels seen in November to December 2024 (driven by the U.S. election market at that time), but still below the historical peak in February 2021 (nearly 2500 addresses).

The holding structure of Bitcoin whales is undergoing changes, with the number of mid-tier holders holding over 100 BTC slightly increasing to 18,026, while retail investors are reducing their holdings, and the number of addresses holding less than 10 BTC continues to decline. Whales are accumulating at three times the annual new Bitcoin supply rate, and Bitcoin exchange balances are consistently decreasing.

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