More than half of the entire Bitcoin circulating supply is controlled by cryptocurrency whales, and 42 percent of them didn’t sell during peak crypto-mania. Blockchain research unit Diar has put together some interesting data that suggests less than 1 percent of all wallet addresses control $100 billion in Bitcoin.

In August, Bitcoin recorded its most stable month since June of last year, remaining in the $6,000 to $6,500 pocket. Fast forward a month, as of September 15, the price of Bitcoin remains at around $6,550. For an asset to achieve a proper mid-term rally after a 80 percent correction, a stabilization period and bottoming out process is required. In late August, BTC surged by more than 17 percent within a two-week period.