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✍️ On-chain data shows that large Bitcoin wallets have seen significant growth, indicating increased confidence in the asset.
👉 The Supply Distribution indicator measures the number of wallets holding a certain number of tokens
👉 The 10+ coins range includes large investors known as sharks and whales
👉 The indicator has shown a turnaround in the last day
👉 The 10+ coins range has seen a 132 wallet increase, the largest since February 20th
👉 This suggests that key stakeholders are growing more confident in Bitcoin
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NewsBTC
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On-chain data shows the large Bitcoin wallets have witnessed notable growth recently, a sign that confidence around the asset may be going up. Bitcoin Wallets With 10+ Tokens Have Seen Their Count Go Up Recently In a new post on X, the on-chain analytics firm Santiment has discussed about how the www.newsbtc.com/bitcoin-news/bitcoin-sharks-whales-growth-feb-confidence
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