Based on the discussion here: https://www.wikidata.org/wiki/Wikidata:Contact_the_development_team#Suggestion:_Foldable_Statements, this ticket has been created. The idea is to support foldable statements for multi-valued properties like that for references. Take for example software versions of Mediawiki software take a lot of space as shown in the figure below. The user has to scroll a lot for seeing the next property value.
Other examples include population values, biological process (Property:P681), example coming from the discussion above).