{"id":61960,"date":"2026-02-27T09:56:10","date_gmt":"2026-02-27T02:56:10","guid":{"rendered":"https:\/\/hbbgroup.net\/bitcoins-100-btc-club-edges-toward-20k-wallets-in-a-bullish-sign\/"},"modified":"2026-02-27T09:56:10","modified_gmt":"2026-02-27T02:56:10","slug":"bitcoins-100-btc-club-edges-toward-20k-wallets-in-a-bullish-sign","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/bitcoins-100-btc-club-edges-toward-20k-wallets-in-a-bullish-sign\/","title":{"rendered":"Bitcoin\u2019s 100 BTC club edges toward 20K wallets in a \u2018bullish sign\u2019"},"content":{"rendered":"
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Bitcoin is on the verge of surpassing 20,000 wallets with at least 100 Bitcoin, an indicator that could signal healthy market dynamics, according to crypto analytics platform Santiment.<\/p>\n

As of Thursday, there were 19,993 unique wallets holding 100 BTC or more, worth roughly $6.71 million per wallet at the time of publication, Santiment said<\/a> in an X post on Thursday. Santiment anticipates that the milestone could be reached by Friday.<\/p>\n

\u201cIf the number of 100+ BTC wallets is growing, that suggests distribution across more large holders rather than a small group controlling everything,\u201d Santiment said. It is an important signal for Bitcoiners, as it reduces the perceived risk that a small number of whales can significantly swing prices.<\/p>\n

Santiment points to \u201cless extreme consolidation\u201d<\/h2>\n

\u201cIn that sense, it points to less extreme consolidation at the very top,\u201d Santiment said.<\/p>\n

The trend also hints at rising confidence in a turnaround for Bitcoin (BTC<\/a>), which is down around 47% from its October all-time high of $126,100 and is currently trading at $67,260, according<\/a> to CoinMarketCap.<\/p>\n

\"Cryptocurrencies,
Bitcoin is down 24.59% over the past 30 days. Source: <\/em>CoinMarketCap<\/em><\/a><\/figcaption><\/figure>\n

Santiment explained that an increase in the number of large wallet holders after a Bitcoin price drop can be a bullish signal.\u00a0<\/p>\n

However, it noted that the overall percentage of supply held by this cohort hasn\u2019t changed, suggesting that while new wallets are reaching 100 Bitcoins, some long-term holders are likely selling.<\/p>\n

\u201cThis is why prices have stayed suppressed,\u201d Santiment said.<\/p>\n

Are Bitcoin OGs done \u201cselling aggressively\u201d for now?<\/h2>\n

Fears that long-term Bitcoin holders are selling have been ramping up over the past three months and are widely seen as a key catalyst behind the recent pullback.\u00a0<\/p>\n