According to IntoTheBlock, the number of bitcoin wallets with balances between 0.1 and 1 BTC reached an all-time high this week. The 2,504,217 addresses with that amount of cryptocurrency amassed a total of 776,700 coins worth up to $20.03 billion. 

Researchers note the majority of investors prefer to buy up the coins left on exchanges and send them to cold or offline storage. Since the beginning of January 2022, users have withdrawn more than 80,000 BTC from exchanges.