Bitcoin addresses holding at least 1,000 BTC are climbing again despite the BTC price reaching over $70,000 for the first time.
Bitcoin (BTC) whales are not in a rush to sell into the current rally that propelled Bitcoin to new heights above $70,000, the latest on-chain data suggests.
The number of unique addresses holding at least 1,000 Bitcoin — known as whales — has risen to 2,104 addresses as of March 7.
However, this is still lower than the record of 2,489 addresses reached in February 2021, when Bitcoin was trading above $46,000.
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Source: https://cointelegraph.com/news/bitcoin-whales-not-selling-btc-price-70k