Bitcoin’s bottom slowly erodes as whale wallets increase by 3%
The number of wallets with less than $10 in BTC swelled by 75% in the same period but cryptocurrency’s middle class shrank.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The number of wallets with less than $10 in BTC swelled by 75% in the same period but cryptocurrency’s middle class shrank.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Binance BTC outflows hit highest since mid-2023 as whales deposit stablecoins
Binance BTC reserves fell by nearly 40,000 coins since Sept. 20 as whales returned stablecoin capital to their exchange wallets.
MetaDAO launches Backable, a permissionless fundraising platform on Solana
Backable's launch on Solana democratizes fundraising, empowering global founders and backers while shifting due diligence responsi...
China’s crypto ban Is failing to stop a $176 billion P2P economy
China’s underground crypto economy is increasingly shifting toward peer-to-peer stablecoin payments despite Beijing’s longstanding...
Crypto Licensing Enters a New Era as Global Regulations Accelerate in 2026
The global digital asset industry is entering a defining chapter as governments and financial regulators continue to introduce com...
Chainalysis reports 43-fold surge in China’s P2P stablecoin wallets
China's P2P stablecoin surge highlights the resilience of decentralized finance, challenging regulatory control and reshaping econ...
Top Bitcoin Blockchain Visualizers For Your Home And Office
Bitcoin Magazine Top Bitcoin Blockchain Visualizers For Your Home And Office Bitcoin is often talked about in very abstract terms:...