Both big and small hodlers are amassing BTC, statistics confirm, a trend which has only accelerated as the United States prints more dollars.
More and more people are buying Bitcoin (BTC) since the 2020 coronavirus crash — and it doesn’t matter how rich they are, data shows.
Part of a series of bullish charts circulating this week, statistician Willy Woo highlighted the growth in both high and low-value wallets.
Woo: BTC whales putting money where their mouth is
According to the data, compiled by on-chain monitoring resource Glassnode, Bitcoin whale entities — wallets controlled by a single high-worth individual — keep growing in terms of how much BTC they control.
Whale numbers themselves have already hit all-time highs.
“Many look at the BTC price and doubt it's a hedge.