Bitcoin wallets holding between 100 and 1,000 BTC have hit a new all-time high, surpassing previous peaks and signaling strong accumulation by large investors, as reported by CoinoMedia on September 10, 2025. On-chain data from CryptoQuant shows the number of such addresses reaching 19,000 in August 2025, up from 18,500 in mid-year and 16,000 in early 2024, reflecting renewed confidence amid market consolidation. These “mid-tier whales”—often institutional funds, high-net-worth individuals, or early adopters—control significant supply, with each wallet valued at $11.3M to $113M at BTC’s current price of $113,234. X posts from @ALTucard emphasize this as “smart money stacking,” noting it’s a prelude to explosive upside, with historical patterns linking whale growth to major rallies.
The record whale count coincides with reduced exchange supply, as these holders typically move BTC to cold storage, tightening available liquidity and potentially fueling price increases if demand persists. Glassnode data indicates illiquid supply at 14.3 million BTC (70% of circulating supply), the highest since 2018, supporting a structural uptrend. Institutional inflows, including $14.8B into BTC ETFs YTD, amplify this, with BlackRock’s IBIT holding 40,288 BTC after recent whale transfers. Analysts like Dave the Wave from CryptoQuant highlight the one-year moving average rising to $94,000, breaking $100,000 in October, as evidence of sustained bullishness. However, short-term volatility persists, with BTC down 2.78% to $113,234 amid profit-taking ahead of Jackson Hole.
This whale surge aligns with macro tailwinds, including a 99% probability of a 25 bps Fed rate cut on September 17, historically sparking 15–57% crypto rallies. Combined with ETF optimism and miner accumulation, it points to reduced selling pressure and potential for BTC to test $120,000 soon. Ethereum (ETH) at $4,070 benefits indirectly, with whale rotation into altcoins signaling an emerging altseason. Risks include whale distributions, as seen in recent $12.7B outflows from major wallets, but net accumulation suggests long-term confidence. Investors should watch support at $112,000; a hold could target $150,000 by 2026.
