Bitcoin Elite Holders Hit Six-Month High as Price Dips
Bitcoin's price dropped nearly 2% after reaching $65,180, but the number of elite holders with at least 10,000 BTC has risen to 90, its highest level in six months.
This increase in large wallets suggests that stronger hands are accumulating Bitcoin while smaller holders are decreasing, which may signal a bullish rebound.
Bitcoin's trading volume surged 42% in 24 hours, and if this trend continues, the price could rally above $65,180 towards $67,000.