Data: The number of addresses holding over 100 Bitcoin has reached a new high for the year, with a year-on-year growth of 11.2%
According to Santiment data, the number of whale addresses holding at least 100 BTC has risen to 20,229, an increase of 11.2% compared to 18,191 during the same period last year. The current holdings of these addresses are valued at over $7.7 million, typically associated with whales, large investors, institutions, and high-capital long-term holders.
Despite the significant volatility Bitcoin has experienced over the past year, the number of large addresses has not decreased; instead, it has continued to accumulate steadily. Historical data shows that an increase in whale addresses is often seen as a signal that core stakeholders still have confidence in Bitcoin's future value and scarcity. Notably, the growth of addresses with 100+ BTC continues even during periods when retail investors frequently exhibit panic, impatience, or skepticism.
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