The on-chain analytics firm Santiment has explained how this Bitcoin indicator has been one of the top leading indicators in the cryptocurrency market. Holdings Of Bitcoin Investors With At Least 10 BTC May Correlate To Price In a new post on X, Santiment has discussed about a metric that has historically been one of the top leading indicators in the sector. The metric in question is the total amount of supply held by the Bitcoin investors carrying at least 10 BTC in their wallets. Related Reading: How High Can Bitcoin Go Before A Top? Analyst Chimes In At the current exchange rate of the cryptocurrency, this cutoff is equivalent to around $683,000. As such, the investors holding sums of this scale or higher would be larger than the regular retail holders. Key groups such as sharks and whales fall in this range. These cohorts are generally considered to be influential beings, so their behavior can be worth keeping an eye on. While the 10+ BTC group wouldn’t solely include these large investors, the trend in its holdings would st ..
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