Santiment data cited by Cointelegraph shows that the number of wallets holding at least 100 Bitcoin has climbed to 20,229, up about 11.2% from a year ago. The figures suggest that whales (large holders of cryptocurrency) and institutional investors have continued accumulating Bitcoin despite market volatility. In crypto markets, rising balances among larger wallets are often watched as a sign of sustained conviction from deep-pocketed participants, although wallet counts do not by themselves identify the exact owners behind each address.