Bitcoin addresses holding at least 1,000 BTC is climbing again despite BTC price reaching over $70,000 for the first time.
Bitcoin (BTC) whales are not in a rush to sell into the current rally that propelled Bitcoin to new heights above $70,000, the latest on-chain data suggests.
The number of unique addresses holding at least 1,000 Bitcoin, or so-called “whales," has risen to 2,104 addresses as of March 7.
However, this is still lower than the record of 2,489 addresses reached in February 2021, when Bitcoin was trading above $46,000.
