Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
On-chain data shows that Bitcoin sharks and whales have seen an increase in population over the past three months, although the price shows a significant drop in this window.
Bitcoin Sharks & Whales Jumped 3.9% in Address Count Over the Past 3 Months
In the new post on X, chain analytics company Santiment has discussed the latest developments in Bitcoin distribution. sharks and whales. The “Distribution of Products” here refers to a token that tells us, among other things, the number of wallets that have been issued. For example, the Allocation Section of the group 1 to 10 measures the number of addresses that have 1 to 10 tokens of the asset.
In the case of the current topic, the maximum interest is 100+ BTC (which is above infinity). At current exchange rates, that cut would translate to $6.9 million. Therefore, only those who have a lot of money can be eligible. These people are collectively known as sharks and whales.
Traders of this size can have a lot of power in the market, so their behavior is often worth watching. It doesn’t always match the situation, but it can still contain information about the thoughts that are in private hands.
Now, here’s a chart shared by Santiment that shows the trend in Bitcoin Supply Distribution to sharks and whales over the past few months:
As shown in the image above, Bitcoin sharks and whales have seen their Supply Distribution go up over the past few months, indicating that the number of investors falling into these categories has increased.
In particular, sharks and whales have seen their combined numbers jump by 753 since December 19, representing a 3.9% increase in three months.
From the chart, it is clear that this increase in the Distribution of Assets of 100+ BTC has come when the price of the cryptocurrency has crossed the bottom. This means that instead of retreating from market downturns, many investors have joined the Internet. “This is one of the strongest divergences showing in our data on the chain as short-term prices continue to be volatile,” the research firm said.
The token has also increased on an annual basis, being 2,148 addresses or 12% compared to March 19, 2025. During this window, BTC passed cattle runthe big investors had a lucrative opportunity to get out, but it seems they chose to stick around instead.
The price of BTC shares
Bitcoin has dropped below the $70,000 level following its recent pullback.
