Bitcoin Wallets with More Than $100 Hit a Record High
According to data from blockchain analysis, the number of Bitcoin wallets holding at least $100 is approaching record highs. Binance reports that the number of wallet addresses with $100 or more has risen from 24 million in January 2024 to nearly 30 million in 2025, a 25% increase year-on-year.
This indicates a growing number of new participants in the market and renewed confidence in the cryptocurrency. Similar spikes in the number of wallets holding $100 or more have been seen during previous market rallies, such as in late 2017 and 2021.
This trend was also observed in mid-2024 when Bitcoin crossed the $100,000 milestone. The recent surge in institutional adoption, fueled by the approval of spot Bitcoin ETFs, particularly BlackRock’s iShares Bitcoin Trust (IBIT), has played a significant role in this growth.
By the end of 2024, ETF holdings surpassed 1.25 million BTC, with IBIT alone amassing over $50 billion in assets.
