Santiment reported via X, "Whale addresses holding 10 to 10,000 BTC have additionally accumulated 41,025 BTC over the past 10 days." Their total holdings amount to 13.64 million BTC, reaching 67.93% of the total supply, the highest level since the mid-August rally. In contrast, there has been no significant change in the holdings of small investors owning less than 0.01 BTC. Santiment explained, "The current trend of whale accumulation and stagnation among retail investors is positive, but it is not a guarantee of a price increase."