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Santiment Posts Record 20,338 Bitcoin Wallet Count With Conflicting Ranges

The Oct. 15 post gives a range of 10 to 10,000 BTC, while its linked chart is labeled for wallets holding 100 to 10,000 BTC.

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Metal address tags sit in two uneven groups beside a hardware wallet / TokenPost.ai
Metal address tags sit in two uneven groups beside a hardware wallet / TokenPost.ai

Santiment’s Oct. 15 post described a record count of 20,338 Bitcoin wallets holding 10 to 10,000 BTC, while its linked chart identifies a 100-to-10,000 BTC range.

The post calls the figure an all-time high. The chart’s title is “BTC 100-10K Wallets,” giving the two descriptions different lower limits for the counted group.

The measure counts addresses by balance, not necessarily individual people or entities. One entity can control multiple Bitcoin addresses, and an exchange address can hold funds for multiple users.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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