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Bitcoin whale wallets reach 17-month high amid increased hodling

Data from the Blockchain analytics platform Santiment revealed that over 283 wallets surpassed the 100 Bitcoin mark in August. The total number of such wallets now stands at 16,120, breaking a 17-month high.

In addition, Santiment estimates that these wallets, ranging between 10 and 10,000 Bitcoins, have collectively accumulated over 133,000 coins worth more than $7.6 billion in the last 30 days.

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