Summary:
15,777 wallets now hold between 100-1,000 BTC, a record high.
This increase reflects confidence among major investors and a potential bullish trend for 2025.
Large Bitcoin holders have resumed accumulation, marking a significant shift in market dynamics.
Expectations for pro-crypto policies under Donald Trump's presidency may attract more institutional capital.
Bitcoin is currently trading at approximately $104,000, down 3.3% from its recent peak.
Data from Santiment reveals a remarkable increase in mid-sized Bitcoin holders, now totaling 15,777 wallets that hold between 100 and 1,000 BTC. This milestone is seen as a promising indicator for a bullish 2025.
Wallets holding 100-1K BTC
The rise in these mid-sized whales indicates a significant shift in market dynamics and reflects sustained confidence among major investors. This consolidation of positions by large holders may lead to increased market activity in the coming years.
In a separate analysis, CryptoQuant noted that large holders have resumed accumulating Bitcoin, with a notable increase in holdings from -0.25% to +2% within just a few days. This is the highest monthly growth rate observed since mid-December 2024.
Expectations are rising that Donald Trumpās presidency will usher in pro-crypto policies, which could attract institutional capital into Bitcoin. Analysts from Bitfinex emphasize that the long-term outlook remains constructive as institutional adoption deepens, particularly in the realm of decentralized finance (DeFi).
Currently, Bitcoin is trading at approximately $104,000, reflecting a 3.3% decrease from its all-time high of $108,786 reached earlier this week during Trumpās inauguration.
/tpg%2F93402054-c973-40df-b6da-3cb23390e3a2.jpeg)
Comments