Bitcoin is strong at around $ 120,000, sitting less than 3% below the $ 123,180 historic, while whales continue to accumulate large quantities of BTC. According to the new data of Bitcoin Magazine Pro, the number of addresses with over 100 BTC has reached a new historical maximum of 18,996.
The graph provided by Bitcoin Magazine Pro shows the number of unique addresses that hold at least 100 BTCs in a constant increase, now exceeding its previous peak of 18,544 returned on February 26, 2017. The data “can be used together with the other graphs of balance of addresses to understand the notes of balance of the addresses.
This increase in great participations is partly driven by corporate fees by adding bitcoin aggressively to their budgets. Michael Saylor’s firm strategy has more than doubled his Bitcoin participations with Donald Trump’s electoral victory, increasing his total treasure of 60%. This accumulation coincides with a regulatory shift under the Trump administration, which has bounced some actions of application of the biden era and introduced policies in favor of the crypt, encouraging greater institutional adoption.
Consequently, over 160 public companies now hold Bitcoin as a primary reserve resource, for only 43 from 2023. Important players include Nakamoto by David Bailey, who is ready to buy over 760 million dollars of BTC once his merger with Gilidmd is completed. And the twenty -one capital of Jack Maller, who already has 43,514 BTC, making it the third holder of companies in the world.
A bitcoin address is a string of 26–35 characters, which works as a public key that allows users to send and receive BTC. The wallets can contain multiple addresses and there is no theoretical limit to the amount of bitcoin that a single address can contain. While addresses with small participations (for example, 0.1 BTC) are increasing, the peak of the addresses with over 100 BTC highlights the growing concentration between the holders of high value.
With only 21 million BTCs that never exist – and about 19 million already extracted, of which 3 million is estimated – the tender to guarantee great participations in Bitcoin is intensifying. If current trends continue, Bitcoin could overcome its historical maximum in the next few days since the institutional purchase pressure remains incessant.
Dissemination: Nakamoto is in collaboration with the parent company of Bitcoin BTC Inc magazine to build the first global network of Bitcoin Treasury Company, where BTC inc provides some marketing services in Nakamoto. Further information on this can be found Here.