Surge in Bitcoin Addresses Holding Over 100 BTC Since Trump’s Election
Since Donald Trump’s election in November 2024, the number of Bitcoin addresses holding more than 100 BTC has grown by over 12%, reaching record highs and signaling a notable shift in investor behavior. Data shows that by the end of 2024, nearly 18,000 addresses held over 100 BTC, a significant increase driven by renewed optimism in the crypto market and expectations of a more crypto-friendly U.S. administration.
Several factors contributed to this growth. Trump’s perceived pro-crypto stance and his administration’s signals toward lighter regulation have encouraged both institutional and high-net-worth investors to accumulate larger Bitcoin holdings. The surge in addresses also reflects a broader trend of using Bitcoin as a hedge against inflation and economic uncertainty, especially as BTC prices broke through the $100,000 mark for the first time.
This accumulation by “whales” not only highlights confidence in Bitcoin’s long-term prospects but also suggests that major players are positioning themselves for potential regulatory and market shifts in the new political landscape.
