Santiment said on November 9, 2026, that wallets holding 1 BTC to 100 BTC had added a combined 14,207 BTC over two weeks as bitcoin fell toward $75,000. It called the accumulation a possible sign of a local bottom, but said later price moves and wallet behavior would need to confirm that assessment. Selling by those wallet groups as the price fell below recent lows would weaken the signal.
Santiment also said the number of non-empty bitcoin wallets had fallen by about 108,700 since reaching 59.99 million on October 16. It cautioned that fewer non-empty wallets do not necessarily mean lower network utility.
