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Bitcoin Whales Keep Buying as 100+ BTC Addresses Set New Record

Bitcoin Whales Keep Buying as 100+ BTC Addresses Set New Record

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Bitcoin Magazine

Bitcoin Whales Keep Buying as 100+ BTC Addresses Set New Record

The number of Bitcoin addresses (bitcoin whales) holding at least 100 BTC has climbed to a new all-time high, according to on-chain data from Bitcoin Magazine Pro, pointing to continued accumulation among large holders despite some recent bitcoin price dips and broader crypto market volatility.

The metric tracks the total number of unique Bitcoin addresses with balances of 100 BTC or more — a cohort commonly associated with so-called “bitcoin whales,” including high-net-worth individuals, funds, corporations, and long-term strategic holders. 

The latest data shows the count has surpassed all previous peaks, extending a multi-year uptrend that has persisted across several market cycles, according to Bitcoin Magazine Pro. 

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, often read by analysts 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, following a year marked by increased institutional participation, growing acceptance of bitcoin as a treasury asset, and expanding access through regulated investment products. 

Analysts note that accumulation by large holders has remained resilient even during periods of consolidation and pullbacks, indicating limited distribution from this cohort.

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.

Recent Bitcoin price action despite bitcoin whale buys 

Bitcoin hovered near the $90,000 level on Friday as markets steadied following a delay in a closely watched U.S. Supreme Court ruling 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 writing, 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, sitting 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, however, traders see the asset consolidating after an early-year rally, with the $90,000–$91,000 range emerging as a key technical support zone as markets await a clearer catalyst, according to Bitcoin Magazine Pro analysis. 

This post Bitcoin Whales Keep Buying as 100+ BTC Addresses Set New Record first appeared on Bitcoin Magazine and is written by Micah Zimmerman.





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