According to on-chain data, elite wallets holding over 10,000 BTC have hit a six-month high of 90, as reported by CoinDesk. This increase in the number of large Bitcoin wallets is building on earlier accumulation trends observed among mid-sized whales.
This development comes amid recent events such as the Coldcard fallout and delays in the Clarity Act. The growth in the number of these large wallets, often referred to as Bitcoin's 'strongest hands,' indicates a continued interest in the cryptocurrency among significant holders.