Historical Record: 18,000 Bitcoin Addresses Exceed 100 BTC

Recently, a notable trend has been observed in the crypto universe: the number of bitcoin addresses holding more than 100 BTC has significantly increased, reaching unprecedented heights in 2024. Whose addresses are these and why have they exploded? Investors must prepare to experience significant volatility from bitcoin.

Impressive growth of bitcoin addresses holding more than 100 BTC

According to recent data, the number of bitcoin addresses with balances over 100 BTC has reached a new high at the end of 2024, nearing 18,000 addresses! Several reasons may explain this trend. First, bitcoin is increasingly seen as a hedge against inflation. With the expansionary monetary policies adopted by many countries, investors are seeking assets that can preserve their purchasing power. Additionally, the breach of $100,000 by BTC has certainly convinced many skeptics of the value of BTC, reinforcing its position as a reliable and valuable store of value.

Secondly, institutional adoption plays a crucial role. Companies like Tesla, MicroStrategy, and Square have invested heavily in bitcoin, which has bolstered the credibility of crypto. Furthermore, investment funds and asset managers are now incorporating BTC into their strategies, thereby attracting more investors.

The implications for the market

This increase in whales holding more than 100 BTC has several implications for the market. On one hand, it indicates a growing concentration of wealth in bitcoin, which could potentially increase price volatility. On the other hand, this trend may also signal a maturation of the Bitcoin market. Large-scale investors are often more patient and less likely to sell during short-term price fluctuations.

The increase in bitcoin addresses holding more than 100 BTC is a key indicator of the current dynamics of the crypto market. It reflects an increased confidence in bitcoin as a valuable asset and highlights the growing importance of cryptocurrency in modern investment portfolios. As the market continues to evolve, it will be interesting to see how this trend influences the future of BTC.