Số địa chỉ nắm giữ 100-1000 BTC

This page counts addresses holding 100-1,000 BTC — roughly ten million to a hundred-plus million dollars at current prices. At this scale, genuine retail is scarce: the population is dominated by institutional custody wallets, spot-ETF sharded addresses, listed-company treasuries, mid-size exchange cold wallets, and a handful of ancient individual whales. The standard cohort-chart caveats live on the 1-10 BTC page; the custody pollution item becomes the dominant factor from this band up — a single custodian changing its wallet-management policy is enough to bend the curve.

This band is the best on-chain window into the post-2024 structural shift. Within this site's window, the cohort's count expanded relentlessly from its February 2024 low to a window high in May 2026 — over thirty percent cumulative growth — a shape that aligns tightly with the timeline of US spot ETFs (approved January 2024) and the corporate-treasury wave. Custodians such as Coinbase Custody routinely shard very large holdings into addresses of several hundred to a thousand BTC for risk isolation, landing squarely in this band — so the expansion reflects growth of institutionally-channeled holdings, not thousands of newly minted rich individuals.

Two meanings coexist and must be separated. Structurally, the band's long-run expansion is the on-chain tick-mark of institutionalization — its correlation with ETF net inflows (see this site's ETF comparison page) is more direct than with price. Tactically, band movements net of custody noise still contain whale-behavior information, but it is now hard to isolate: one-day jumps are almost always wallet management (sharding, consolidation, migration) — never translate them literally as whales bought or whales sold.

Treat this band as an institutional-holdings proxy, not a whale-sentiment meter. Three pairings: check against the ETF flow page to confirm whether expansion is ETF-driven; against exchange-reserve data to separate custody accumulation from exchange cold-wallet housekeeping; and against the 1,000-10,000 band above — this band rising while that one falls usually means custodians splitting mega-wallets into smaller shards, a downward relocation. Scale reference: within this site's window the cohort ranges between roughly 14K and 18K addresses.

100-1,000 BTC is the near-whale band where institutional custody and corporate treasury wallets cluster. Since 2024, spot-ETF custody expansion has tied this tier's growth closely to ETF flows.

Alongside on-chain distribution, track derivatives positioning via open interest and long/short ratios.