According to fresh on-chain data from analytics firm Santiment, Bitcoin wallets holding between 100 and 1,000 BTC have ramped up accumulation significantly over the past six weeks.
This influential cohort added 122,330 BTC collectively during that period, alongside a net gain of 337 new wallets, representing a 2.13% increase in addresses within this tier.
Santiment notes that over the past five years, no group of wallets has shown a stronger correlation to Bitcoin price movements than the 100–1,000 BTC cohort. Often viewed as early institutional players, hedge funds, and high-net-worth individuals, their behavior frequently serves as a leading indicator for broader market trends.
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