Data from the analytics firm Santiment shows that the number of wallets holding at least 10,000 Bitcoin has risen back to 90, reaching a six-month high. Over the past eight weeks, the number of these "whale" wallets has increased by 6, a 7.1% rise. This trend builds on a broader accumulation trend first identified four days ago. Since July 29, wallets holding between 10 and 10,000 Bitcoin (whales and sharks) have accumulated $1.5 billion worth of Bitcoin. Santiment notes that this pattern of large players accumulating while smaller holders sell increases the likelihood of Bitcoin's price breaking above $70,000 rather than falling below $60,000. Meanwhile, "micro" wallets have been steadily decreasing throughout August. Santiment links this divergence to two recent uncertainties: the Coldcard hardware wallet exploit that led to approximately $120 million in Bitcoin being stolen, and the ongoing delay of the U.S. Clarity Act, which has been postponed by the Senate until September. These trends suggest that Bitcoin is undergoing a classic supply rotation, moving from smaller holders to the largest investors, often referred to as "strong hands." Historically, such concentration among large holders has often preceded significant price movements, and Santiment believes that the latest rotation increases the probability that the next major price move will be an upward breakout.