Here’s an interesting fact: in just nine weeks, the number of wallets holding at least 100 BTC has grown sharply. Data from Santiment shows that these large wallets increased from 16,072 to 17,644 — almost a 10% rise.
Who Are the Major Bitcoin Holders?
A total of 17,671 wallet addresses hold more than 100 BTC. While this sounds like a lot, it’s a small number compared to the 85 million addresses holding between $1 and $1,000 worth of Bitcoin. In total, there are about 460 million Bitcoin addresses.
Over 88% of Bitcoin’s circulating supply is controlled by retail investors. This ensures Bitcoin stays decentralized and isn’t dominated by a few wealthy players. It also reduces the risk of market manipulation, helping to build trust in the currency.
[post_titles_links postid="393444"]Dormant Wallets Come to Life
Another exciting development is the reactivation of dormant wallets. Some of these accounts have been inactive since 2009, but they’re suddenly being used again. Many of these wallets hold large amounts of Bitcoin, like 10,000 BTC or more.
Typically, only exchanges manage such large balances, but seeing individual investors hold this much Bitcoin shows that long-term holders still believe in Bitcoin’s potential.
What Does This Mean for Bitcoin?
The rise in large wallet holders and the return of dormant wallets show increasing confidence in Bitcoin’s future value. Retail investors still control the majority of Bitcoin, which keeps the asset decentralized and protected from manipulation.
The market is buzzing, the whales are active, and the momentum is undeniable—Bitcoin's future is looking more promising by the day.
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Satoshi Nakamoto reportedly holds the largest wallet with around 1.1M BTC.
Decentralization ensures no single entity controls the market, promoting fairness and reducing the risk of price manipulation.