📈 The amount of wallets holding at least 100 Bitcoin has risen to 20,229. This is a +11.2% increase compared to the 18,191 wallets holding at least this level a year ago.

🐳 This is a significant long-term trend because wallets of at least this size (currently ~$7.7M or more) are often associated with whales, major investors, institutions, and highly capitalized long-term holders. Even with Bitcoin experiencing major volatility throughout the past year, these large wallets have continued to steadily accumulate rather than shrink in number.

💪 Historically, rising whale wallet counts are viewed as a sign that key stakeholders still have confidence in Bitcoin’s future value and scarcity. What makes this especially notable is that the growth in 100+ BTC wallets has continued during periods where retail traders have frequently shown fear, impatience, or skepticism.

👀 Keep track of how many wallets holding at least 100 $BTC exist on a daily basis here on this Santiment chart!