Bitcoin Wallets Thin Out as Large Holders Add to Holdings
Santiment data cited by BeInCrypto shows fewer non-empty Bitcoin wallets alongside continued accumulation by wallets classified as smart money.
Santiment data cited by BeInCrypto shows fewer non-empty Bitcoin wallets alongside continued accumulation by wallets classified as smart money. Bitcoin (BTC) is trading at $73,137.00, down 1.7% since this brief published. This is an original TLT brief based on reporting by BeInCrypto, with live market data added, as of Tue, 10 Nov 2026 15:45:02 UTC.
The divergence suggests Bitcoin ownership is concentrating even as prices remain weak and market sentiment stays fearful. It may matter to market participants tracking whether larger holders are absorbing supply during a period of reduced wallet activity.
- Non-empty Bitcoin wallets fell by about 108,700 since October 16
- Smart-money wallets accumulated more than 14,200 BTC in two weeks
- Bitcoin trades at $74,431, down 2.72% over seven days
- Crypto market sentiment remains in Fear territory at 32
BeInCrypto, citing Santiment wallet data, reported that the number of non-empty 
Bitcoin wallets fell by approximately 108,700 since October 16. Over the same broader period, wallets classified as smart money accumulated more than 14,200 BTC during the past two weeks, according to the report.
The activity split emerged while Bitcoin remained under pressure. At the time of BeInCrypto’s reporting, BTC was priced at $74,507, representing a 9.86% decline from one month earlier. That price was also below the roughly $75,700 average-cost reference included in the report.
Current market data places Bitcoin at $74,431, up 0.43% over 24 hours but down 2.72% over seven days. Its market capitalization stands at $1.5 trillion within a broader crypto market valued at $2.55 trillion, which is described as broadly flat.
what to watch next is whether the contraction in non-empty wallets continues alongside purchases by smart-money wallets, and whether that divergence is reflected in price, market capitalization, and sentiment. The Crypto Fear and Greed Index is currently at 32, placing it in the Fear category, even as Bitcoin records a modest daily gain. The data therefore captures a market in which large-wallet accumulation is visible despite weak recent performance and subdued overall risk appetite.
Since this brief published about 7 hours ago, Bitcoin (BTC) has moved from $74,431.00 to $73,137.00 — -1.74%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦101.29M (about $73,137.00), down 3.0% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitcoin Wallets Thin Out as Large Holders Add to Holdings — questions & answers
How many Bitcoin wallets became non-empty?
Santiment data cited by BeInCrypto shows the number of non-empty Bitcoin wallets fell by about 108,700 since October 16.
How much did smart-money wallets accumulate?
Wallets classified as smart money added more than 14,200 BTC over the two weeks covered by the report.
Where is Bitcoin trading amid the wallet divergence?
Bitcoin is currently priced at $74,431, up 0.43% over 24 hours but down 2.72% over seven days.
How much is 1 Bitcoin worth in naira today?
About ₦101.29M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $73,137.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 1.74% since this brief first published — trading at $73,137.00 now versus $74,431.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from BeInCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.