Santiment data reveals a record 20,031 Bitcoin wallets now hold at least 100 BTC each, signaling continued accumulation by large holders despite recent market volatility. The milestone underscores persistent institutional and whale interest in the largest cryptocurrency by market capitalization.
The concentration of Bitcoin among major holders has grown alongside a broader distribution across smaller accounts. According to the on-chain analytics firm, approximately 954,000 wallets currently hold between 1 and 100 BTC, while 57.6 million wallets possess 1 BTC or less. This tiered structure reflects both whale consolidation and retail participation in the Bitcoin ecosystem.
The record number of six-figure Bitcoin holders may indicate that large investors view current price levels as accumulation opportunities, a pattern historically associated with market bottoms or consolidation phases. The data does not specify whether these wallets represent individual holders, institutional custody solutions, or exchange reserves, factors that would provide additional context for interpreting accumulation trends.