Bitcoin Whale Wallets Reach Record 20,338 as Conflicting Cohort Ranges Emerge

Bitcoin whale wallets hit an all-time high of 20,338 addresses on October 15, according to on-chain platform Santiment. However, an internal discrepancy emerged regarding the cohort tracked, as text specified wallets holding 10 to 10,000 BTC while the accompanying chart labeled the range as 100 to 10,000 BTC. The record count reflects steady accumulation since mid-July despite market volatility. Meanwhile, derivatives data showed Bitcoin perpetual funding rates on Binance flipped negative, pointing to growing short exposure among leveraged traders even as large spot holders continue accumulating.