NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days

On-Chain Data: Bitcoin Whales With 10k+ BTC Have Been Growing

Keshav Verma
Keshav Verma
1 year ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

On-chain data shows the number of Bitcoin holders with 10k+ BTC have grown recently, a sign of accumulation from whales.

Number Of Bitcoin Whales Holding 10k Or More BTC Has Gone Up Recently

As pointed out by an analyst in a CryptoQuant post, both the 1k+ and 10k+ BTC holders have observed some growth in recent weeks.

Holders with 1k or more BTC are considered whales, and movement from them can have noticeable impacts on the Bitcoin market.

The relevant indicator here looks at all wallets on the network to see how many own between 1k and 10k BTC and how many are holding more than 10k BTC.

Now, here is a chart that shows how the holder count of these two Bitcoin whale groups have changed during the last couple of years:

Bitcoin Whales With 10k BTC

Looks like the 10k BTC holders have observed some very sharp growth recently | Source: CryptoQuant 

As you can see in the above graph, while the value of Bitcoin has been on a downtrend since November of last year, the number of Bitcoin whales with more than 10k BTC has only gone up.

The 1k+ BTC holders, on the other hand, were mostly on a sideways trend until May came, where the 10k BTC whales slumped down a bit and the 1k+ holders spiked up. This could possibly be because of the former group selling off some of their supply and dropping into the 1k to 10k range.

Related Reading | Ethereum Bullish Signal: 800k ETH Exits From Gemini

Not long after this increase, however, the 1k+ BTC whales dropped off and the 10k ones observed a rapid growth. There could be two things contributing to this trend.

First, some of the 1k+ BTC holders sold part of their supply such that their wallets went below the 1k mark. And second, many of the remaining holders rather bought more and entered into the 10k+ category. Both of these would mark as a drop in the 1k+ whale count.

Related Reading | Bitcoin NUPL Shows Average Holder Back In Profit, But For How Long?

However, very recently the 1k+ BTC whales have again observed some growth while the 10k holders have still been sharply trending up. This implies that the total number of whales as a whole has gone up in the market recently.

Such accumulation from Bitcoin whales can lead to a positive outcome for the price of the crypto.

BTC Price

At the time of writing, Bitcoin’s price floats around $22.2k, down 1% in the last seven days. Over the past month, the crypto has gained 10% in value.

Bitcoin Price Chart

The value of the crypto has gone down a bit over the last couple of days | Source: BTCUSD on TradingView
Featured image from Karl-Heinz Müller on Unsplash.com, charts from TradingView.com, CryptoQuant.com
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Faces Pressure

Bitcoin Faces Pressure – Could The Price Resume Its Downtrend Soon?

Bitcoin price corrected losses and traded above the $114,200 level. BTC is now struggling and might face hurdles near the...

Aayush Jindal 3 hours ago
Bitcoin

Bitcoin Direction Still Unclear: Analyst Says Watch These Key Charts

An analyst has revealed the key Bitcoin charts that could be to keep an eye on while Bitcoin is slowly...

Keshav Verma 3 hours ago

加密市場回升至4萬億美元 Wall Street Pepe空投或引爆下一波迷因幣行情

加密市場已從10月10日的閃崩中反彈,該次閃崩在週末抹去了總市值近12%。 截至週一,總市值已回升至4萬億美元以上,這表明賣方壓力可能已耗盡,為多頭以信心重新入場提供了完美視窗。 隨著市場重新站穩腳跟...

newsbtc 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Dogecoin price news

Dogecoin Cup and Handle Holds A Secret Few Are Seeing

Jake Simmons 46 minutes ago

Bitcoin On-Chain Activity Slumps Below 365-Day Average – Is Momentum Losing Steam?

Ash Tiwari 1 hour ago
ai-perspective-crypto-post-crash-outlook-mainstream-price-forecasts-and-rising-meme-coins

AI視角下加密貨幣災後新局勢:從關鍵主流幣價格預測到新興迷因幣崛起

Mark Mak 2 hours ago

Premium Sponsors

Press Releases

  • Top 3 Kryptowaluty na 2025 rok: Celem przewyższenie Dogecoina i Shiba Inu

    Top 3 Kryptowaluty na 2025 rok: Celem przewyższenie...

    12 hours ago
  • Топ избори на DeepSeek AI за алткойни...

    12 hours ago
  • Top výbery altcoinov DeepSeek AI pre rok 2025: Bitcoin Hyper, MaxiDoge a Pepenode

    Top výbery altcoinov DeepSeek AI pre rok 2025: Bitcoin...

    13 hours ago
  • DeepSeek AI-ovi top altcoin odabiri za 2025.: Bitcoin Hyper, MaxiDoge i Pepenode

    DeepSeek AI-ovi top altcoin odabiri za 2025.: Bitcoin...

    14 hours ago
  • A DeepSeek AI 2025-ös top altcoin-választásai: Bitcoin Hyper, MaxiDoge és Pepenode

    A DeepSeek AI 2025-ös top altcoin-választásai: Bitcoin...

    14 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.