Data: Bitcoin whale holdings have risen to 7.17 million BTC, with on-chain data showing that the concentration of large addresses has returned to the high levels seen since March

According to on-chain data platform Santiment, the group of addresses holding at least 1,000 bitcoins has seen its total holdings rebound to approximately 7.17 million BTC, accounting for about 35.82% of the circulating supply of bitcoin, the highest level since March 14. Currently, the number of addresses corresponding to this holding range is about 2,044, indicating that the overall holdings of large bitcoin holders have recently increased, and on-chain assets are further concentrating towards a few large addresses.