Santiment: BTC and altcoins are recovering well before Christmas, and the continuous accumulation by whale wallets will sustain the bull market

ChainCatcher news, according to Santiment data, BTC and altcoins have recovered well before Christmas, with the Bitcoin price rebounding to $99,000. The current distribution of Bitcoin wallet addresses is as follows:

• Holding 0-0.1 BTC: 50.17 million;

• Holding 0.1-10 BTC: 4.31 million;

• Holding 10-1,000 BTC: 150.13 thousand;

• Holding over 1,000 BTC: 2,050;

Analysis indicates that as long as the number of large holders and whale wallets (the last two groups) continues to grow and maintains the accumulation trend since 2024, there is a high probability that the bull market will continue.