Bitcoin Whales Keep Buying as 100+ BTC Addresses Set New Record
Bitcoin Magazine
The number of Bitcoin addresses holding 100 BTC or more reached a new all-time high, signaling continued accumulation by large holders.Summary
On-chain data indicates that the count of Bitcoin addresses holding a balance of 100 BTC or more, often referred to as 'whales,' has reached a new all-time high. This metric, which tracks large holders like funds and corporations, suggests sustained accumulation despite recent price dips and broader market volatility. Analysts view this growth in large-balance wallets as a sign of long-term confidence, as it shows capital concentrating among bigger holders rather than short-term speculation. This milestone occurs while Bitcoin trades down about 30% from historic highs, hovering near $90,443, with the $90,000–$91,000 range identified as key technical support as the market awaits a clearer catalyst.
(Source：Bitcoin Magazine)