Bitcoin wallets holding between 100 and 1,000 BTC have accumulated a combined 113,950 BTC since mid-July, lifting their total holdings to approximately 5.24 million BTC, according to blockchain analytics platform Santiment. The added balance represents growth of roughly 2% for the cohort over a span of about two months, and the group’s combined stash now amounts to roughly a quarter of Bitcoin’s fixed 21 million supply cap.

The figures point to continued accumulation among large Bitcoin holders, though they do not, on their own, indicate that a price will follow. Traders frequently monitor this wallet cohort because changes in its balances can offer clues about how larger market participants are positioning themselves. The timeframe spans the stretch from mid-July through the latest reading, which circulated on September 24, 2026, alongside a post from Cointelegraph citing the same numbers.

Why the 100–1,000 BTC Wallet Group Matters

In Bitcoin’s holder structure, this cohort occupies the middle ground between smaller retail-sized addresses and the largest whale wallets. The latest accumulation data shows that this wallet category increased its holdings rather than reduced them over the reported period. A sustained rise in balances can suggest that more Bitcoin is being held within large addresses instead of being moved out of them. If the trend continues while market demand remains firm, it could influence the amount of BTC available for trading.

Cohort tracking of this kind is possible because Bitcoin’s ledger is public: every address balance is recorded on-chain, allowing analytics platforms to group addresses by size and monitor how each group’s holdings shift over time. Wallet balances, however, do not reveal every owner’s intentions. A single investor may control several addresses, while an exchange or custodian may hold assets on behalf of many customers. The data therefore measures activity within a wallet-size group, not necessarily purchases by a known number of individual whales.

BULLISH: Bitcoin wallets holding 100 to 1,000 BTC have scooped up 113,950 BTC since mid-July, bringing their total holdings to about 5.24 million BTC, per Santiment. pic.twitter.com/8rvNHcmBfe — Cointelegraph (@Cointelegraph) September 24, 2026

Source: Cointelegraph on X

What the Accumulation Could Signal

The 113,950 BTC increase provides a useful on-chain indicator for assessing Bitcoin’s broader market structure. Accumulation by large holders is often viewed as a positive sign because it suggests that sizable balances are being maintained or expanded. Balance-based cohort tracking of this kind is a standard method on-chain analytics firms use to observe holder behavior across different segments of the market, and such metrics are generally treated as one input among several rather than a standalone signal.

Still, the figures alone cannot establish whether Bitcoin’s price will rise. Spot demand, selling activity and wider market conditions also affect price movements.

For now, Santiment’s data points to one clear development: wallets holding 100 to 1,000 BTC have increased their collective balance to approximately 5.24 million BTC since mid-July. Whether the cohort continues adding, holds steady or begins distributing will be visible in future readings of the same metric.