Number of BTC and ETH whales are growing significantly

Recent whale wallet activity suggests a possible rebound in the cryptocurrency market. The number of stakeholders in both Bitcoin and Ethereum has been on the rise, with several new wallets being established in August.

In August alone, 13 more wallets holding over 1,000 BTC were created, along with 48 newly established wallets containing over 10,000 ETH. This uptick in wallet creation reflects growing interest in both cryptocurrencies.

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