The number of Bitcoin addresses holding at least 100 BTC has reached a yearly high of 20,229, marking an 11.2% increase from 18,191 a year ago, according to Santiment data. These addresses, often linked to whales and large investors, each hold over $7.7 million in Bitcoin.
Despite Bitcoin's volatility over the past year, the accumulation of large addresses has continued, indicating sustained confidence among major stakeholders in Bitcoin's future value. This trend persists even as retail investors show signs of uncertainty, highlighting the contrasting sentiment between large and small investors.
Whale Bitcoin Addresses Surge 11.2% to Yearly High, Santiment Reports
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