The number of Bitcoin (BTC) wallets holding at least 100 BTC (roughly $7.7 million at press time) has risen to 20,229. This represents an 11.2% increase over the past year, from 18,191. On-chain data show that wallets of this size typically belong to whales, institutions, major investors, and highly capitalized long-term holders.
Bitcoin (BTC) volatility is back at the center of market attention, with Crypto.com saying the sharp, sometimes intraday, price swings reflect more than speculative noise—they are the product of structural forces that amplify moves in both directions. In a recent research note released Tuesday UTC, Crypto.com framed BTC volatility as the combined outcome of five interlocking drivers: Bitcoin's fixed supply design, uneven global regulation, fast-moving investor sentiment, the outsized influence of large holders ('whales'), and shifting technology and infrastructure risks.