Retail Bitcoin Wallets Rise 2.5% as Whale Holdings Drop 0.8% Since October Peak

Bitcoin wallets holding less than 0.1 BTC have increased their share of supply by about 2.5% since Bitcoin reached its all-time high last October, marking the highest proportion since mid-2024, on-chain data from Santiment show. Over the same period, addresses holding between 10 and 10,000 BTC saw their combined holdings decline by roughly 0.8%, while Bitcoin's price continues to fluctuate around the mid-$60,000 range. Market sentiment views this retail accumulation as potential bottom support and a driver of short-term momentum, but a more durable rebound would require large holders to shift from distribution to net accumulation, the report notes.