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$BTC Wallets Holding 100 Coins Near 20,000 Mark
Bitcoin News
The number of #Bitcoin wallets holding at least 100 $BTC is approaching 20,000, a level crypto analytics platform Santiment describes as a potential signal of healthier holder distribution across the market.
As of Thursday, Santiment counted 19,993 unique wallets at or above the 100 $BTC threshold, with each wallet worth roughly $6.71 million at current prices. The platform posted on X that the milestone could be crossed by Friday.
Santiment said the growth in large-wallet counts points to "less extreme consolidation at the very top," meaning fewer individual entities dominate Bitcoin's supply. When that number rises after a price drop, the platform considers it a bullish indicator.
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