Data from Glassnode show that the number of Bitcoin biggest whales has declined, hitting its all-time low. On October 17, the number of BTC addresses holding 10.000 coins or less fell to 82, which is its lowest level since December 2012. However, it's worth mentioning that back then the price of Bitcoin was $13.51.
Meanwhile, data from another analytics platform, Santiment indicates that the number of addresses holding 100-1000 Bitcoins has increased essentially over the last 5 weeks. The boost is connected with several factors. Among them are El Salvador's recognizing BTC as a legal tender, and the first approval of the Bitcoin ETF by the U.S. SEC.
On October 15, BTC broke above $60.000 for the first time since May. Currently, the coin trades at around $61.000 with a market cap of over $1 trillion.Bitcoin dominance index is 46.7%.
The global crypto market cap stands at above $2.5 trillion.