As market participants focus on short-term price movements, Bitcoin is 
approaching a notable on-chain milestone, with the number of wallets holding 
at least 100 BTC climbing toward record levels. This growing concentration of 
high-value holdings reflects increasing accumulation by large investors, and 
is viewed as a sign of strong long-term confidence in the world’s leading 
cryptocurrency. How Large Holders Influence Bitcoin’s Market Cycles Bitcoin is 
approaching a major milestone, with the number of wallet addresses holding at 
least 100 BTC set to surpass 20,000. An on-chain analytics firm, Santiment, 
highlighted on X that at current market valuations, a wallet holding 100 BTC 
or more is valued at roughly $6.78 million, indicating these addresses are 
largely controlled by high-net-worth individuals, funds, long-term holders, 
and institutional participants. Related Reading: Bitcoin Holders Underwater As 
Supply In Loss Spikes, Reaching Historic Extremes When the number of 100+ BTC 
wallets increases during or shortly after price declines, as it has been 
recently, it can be considered a bullish signal. While the number of whale 
wallets is rising, the overall percentage of BTC supply held by key 
stakeholders has not meaningfully increased. This helps explain why prices 
have remained suppressed. However, the growth in 100+ BTC wallets indicates 
broader distribution among large holders rather than a small group controlling 
the consolidation. In that sense, it points to less extreme consolidation at 
the very top. At the same time, it also shows that wealth is clearly migrating 
from smaller retail wallets into stronger hands. This does not signal 
decentralization at the smallest ownership level, but it does show that more 
separate entities are reaching the whale status. Historically, expanding whale 
wallet counts have often appeared during accumulation phases that later 
support the price recoveries. For a stronger structural shift to occur, the 
increase in wallet numbers would need to be matched by a rise in the overall 
supply they control. That dynamic typically unfolds as retail participants 
slowly sell off their coins to larger wallets. Meanwhile, history has shown 
that if retail traders eventually panic-sell or take profit too early, it 
might lead to the absorption stage. Is This A True Rebound Or A Dead Bounce? 
Bitcoin adoption is picking up pace across the sector. According to ETF 
analyst Eric Balchunas, Bitcoin Spot Exchange-Traded Funds (ETFs) just 
recorded their strongest day, pulling in roughly $500 million in a single day, 
reaching $750 million over the past two days combined at the time the report 
was published. Related Reading: Engine Stalled: How The $8 Billion ‘October 
Shock’ Left Bitcoin’s Spot Market In A Liquidity Trap Balchunas views the 
inflows as “a hitter in a slump going yard,” suggesting the market had been in 
urgent need of a catalyst after a prolonged period of weak performance. The 
strong back-to-back inflows have helped ease pressure on the sector, pushing 
year-to-date ETF outflows to under $2 billion. Despite the sharp turnaround, 
uncertainty remains about whether the inflow spike represents the beginning of 
a sustained recovery or merely a temporary bounce. Featured image from 
Pngtree, chart from Tradingview.com

Bitcoin Nears Major Milestone As 100 BTC Wallets Approach Record Levels

The UK lender is reportedly seeking a technology partner to support 
blockchain-based payments and deposits as stablecoin adoption accelerates 
across finance and Big Tech.

Barclays probes blockchain for banking functions like payments, deposits: Report

The DOJ&#8217;s crackdown on crypto scams highlights the growing need for 
international cooperation to combat sophisticated global cybercrime networks.
The post US DOJ strike force seizes $580M in crypto from pig butchering scams 
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US DOJ strike force seizes $580M in crypto from pig butchering scams

PayPal and MoonPay have introduced a new platform that allows developers to 
create custom stablecoins backed by PayPal’s PYUSD. In a joint Feb. 27 press 
release, the companies announced the launch of PYUSDx, a framework developed 
with M0 to support…

PayPal, MoonPay launch platform to support custom stablecoin issuance for PYUSD apps

The S&amp;P 500 Index retreated by over 0.6% on Friday, continuing a retreat that 
started on Thursday as market participants reacted to the latest NVIDIA 
earnings. The blue-chip index, which tracks the biggest companies in the 
United States, dropped to…

Cryptocurrency price in BRL