In August, the number of Bitcoin wallets holding 100 or more BTC hit a 17-month high, with 283 wallets crossing this threshold, bringing the total to 16,120. This increase in large holdings coincides with a significant accumulation of over 133,000 BTC by wallets holding 10-10,000 BTC, valued at over $7.6 billion. The buying spree by whales began after Bitcoin dipped to around $58,000 on August 28, as smaller traders, likely feeling pressured by losses, sold their holdings. Source: Cointelegraph