Data: The number of wallets holding 10 to 10,000 BTC has risen to over 20,000, hitting a record high.

BlockBeats news, October 16th, on-chain analytics platform Santiment released data showing that the number of wallets holding 10 to 10,000 Bitcoins has now reached 20,338, a record high, and has significantly increased amid price fluctuations since mid-July.

Santiment believes that this group is closely correlated with Bitcoin's subsequent price direction choices. During the volatile market, whales are still entering this range, indicating that large capital has not withdrawn on a large scale during the market decline.