According to @santimentfeed, Bitcoin wallets holding 10-10K BTC have increased balances by just 0.36% since July 1, 2025, while wallets holding under 0.1 BTC are up 3.31% over the same period, indicating retail-led accumulation and flat smart-money exposure (source: Santiment, Dec 30, 2025). Santiment reports that large wallets stayed largely flat through H2 2025, rose into the October all-time high, and then sold, whereas small wallets accumulated aggressively throughout the second half of the year (source: Santiment, Dec 30, 2025). Santiment states that historically the strongest bear-to-bull reversals occur when large wallets accumulate and retail distributes, making a rotation toward whale accumulation a key bullish confirmation to watch into early 2026 (source: Santiment, Dec 30, 2025). Santiment warns that sudden transitions in either cohort are often followed by large price swings, so traders should monitor shifts in the 10-10K BTC and sub-0.1 BTC cohorts for volatility catalysts as 2026 begins (source: Santiment, Dec 30, 2025).

According to @santimentfeed, wallets holding 10–10K BTC (whales and sharks) have net accumulated 47,584 BTC so far in December after cutting holdings by 113,070 BTC from October 12 to November 30 (source: Santiment on X, Dec 5, 2025). Santiment reports BTC has moved into a blue-zone regime where both key stakeholders and retail are accumulating, a setup that historically leads to more up than down and aligns with observed positive momentum in early December (source: Santiment on X, Dec 5, 2025). Santiment notes retail dip-buying is capping upside and states that the most reliable bullish backdrop in their framework is the green-zone condition where whales accumulate while small wallets distribute, citing rallies seen in September and early October (source: Santiment on X, Dec 5, 2025). For traders, Santiment emphasizes monitoring net flows of 10–10K BTC wallets versus small wallets to gauge a potential shift from blue to the more favorable green zone for trend continuation (source: Santiment on X, Dec 5, 2025).

According to Paolo Ardoino, Tether’s USDt accounts for 80 percent of stablecoin wallets with balances under 1,000 dollars, source Paolo Ardoino on X on August 25, 2025. According to Paolo Ardoino, people choose USDt for everyday use, underscoring its retail-oriented adoption profile, source Paolo Ardoino on X on August 25, 2025.

According to Gordon (@AltcoinGordon), Bitcoin retail wallets have decreased to a 5-month low, while significant investors, known as whales, have amassed $3.8 billion in Bitcoin. This shift in holdings suggests a potential market consolidation by larger players, which could impact trading dynamics and market liquidity.