Key Facts
- The number of Bitcoin addresses holding at least 100 BTC has climbed to a new all-time high.
- Bitcoin was trading at roughly $90,443, down about 1% over the past 24 hours.
- The U.S. Supreme Court delayed a ruling related to President Donald Trump's tariff policy.
- Bitcoin's circulating supply has climbed to nearly 20 million coins.
Quick Summary
Recent on-chain data reveals that the number of Bitcoin addresses holding at least 100 BTC has reached a new all-time high. This metric, often associated with high-net-worth individuals and funds known as 'whales,' indicates continued accumulation by large holders despite recent price dips and broader market volatility.
The trend suggests long-term confidence among strategic investors rather than short-term speculation. Concurrently, Bitcoin's price has been trading near the $90,000 level, following a delay in a U.S. Supreme Court ruling related to President Donald Trump's tariff policy. This macroeconomic development has eased near-term uncertainty, helping to stabilize the market.
While the total number of wallets with large balances grows, analysts note that a single entity can control multiple addresses. However, sustained increases in this metric historically coincide with periods of long-term accumulation and reduced sell-side pressure.
Record High for Large Holders
The total count of unique Bitcoin addresses with balances of 100 BTC or more has surpassed all previous peaks. This cohort is commonly associated with so-called 'bitcoin whales,' which include high-net-worth individuals, funds, corporations, and long-term strategic holders.
The metric tracks the total number of unique Bitcoin addresses with balances of 100 BTC or more. Unlike price charts, bitcoin whale and address balance data shows how bitcoin is actually being held across the network. When the number of wallets with large BTC balances grows, it suggests capital is concentrating in bigger holders.
Analysts often read this as a sign of long-term confidence rather than short-term speculation. The milestone comes as bitcoin continues to trade down 30% from historic highs. This multi-year uptrend has persisted across several market cycles.
Market Context and Volatility
Bitcoin hovered near the $90,000 level as markets steadied following a delay in a closely watched U.S. Supreme Court ruling. The ruling was related to President Donald Trump's tariff policy. The postponement eased near-term macroeconomic uncertainty, helping limit volatility across risk assets, including digital currencies.
At the time of the report, bitcoin was trading at roughly $90,443, down about 1% over the past 24 hours. Daily trading volume stood near $45 billion, while total market capitalization slipped to around $1.80 trillion. Despite the modest pullback, bitcoin remains tightly rangebound near recent highs.
The asset sits about 2% below its seven-day peak and slightly above its weekly low. Bitcoin's circulating supply has climbed to nearly 20 million coins, reinforcing long-term scarcity narratives. In the near term, traders see the asset consolidating after an early-year rally.
Analytical Perspectives
Accumulation by large holders has remained resilient even during periods of consolidation and pullbacks. This indicates limited distribution from this specific cohort of investors. While a single entity can control multiple addresses—meaning address counts do not directly equate to individual holders—changes in the metric are still widely used to assess structural trends in the market.
Historically, sustained increases in bitcoin whale addresses have coincided with periods of long-term accumulation and reduced sell-side pressure. The $90,000–$91,000 range is emerging as a key technical support zone. Markets are currently awaiting a clearer catalyst for future movement.
