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 Wallets with 10 or more bitcoins combined have just equaled the number of wallets from two years ago. A lot has changed since then, including a +226% rise in Bitcoin's market value.

Many believe that FTX has successfully suppressed cryptocurrency prices in the 2nd half of 2022. But since the exchange crash in November 2022, there has been an undeniable semblance of correlation between wallets with 10+ BTC and the overall market value of the coin.

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