As of Sunday, the population of whale entities was 1,939, the highest since September 2016, according to data source Glassnode. Whales are defined as clusters of addresses held by a single network participant holding at least 1,000 BTC . Recently, the whale entities metric increased by 2.2% last week, possibly adding to bullish pressures around bitcoin’s price. Over the years The number of bitcoin “whales” has jumped to four-year highs alongside the recent price rally.

CoinDesk, 10/26/2020 08:19:37

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