Bitcoin approaches $123,000 as the number of whale addresses reaches a record high.

Bitcoin Magazine Bitcoin Nears $123K as Whale Addresses Hit All-Time High Bitcoin is holding strong at around $120,000, sitting less than 3% below its all-time high of $123,180, as whales continue to accumulate large amounts of BTC. According to fresh data from Bitcoin Magazine Pro, the number of addresses holding over 100 BTC has reached a new all-time high of 18,996. The chart provided by Bitcoin Magazine Pro shows the number of unique addresses holding at least 100 BTC steadily increasing, now surpassing its previous peak of 18,544 made back on February 26, 2017. The data “can be used alongside the other Address Balance charts to understand whether adoption is increasing or decreasing generally for Bitcoin over time, and also whether usage is increasing or decreasing among specific cohorts,” Bitcoin Magazine Pro notes. JUST IN: The number of addresses holding more than 100 #Bitcoin has hit a NEW ALL TIME HIGH pic.twitter.com/LKkxTZMq6y— Bitcoin Magazine (@BitcoinMagazine) August 12, 2025 This surge in large holdings is being driven in part by corporate treasuries aggressively adding Bitcoin to their balance sheets. Michael Saylor’s firm Strategy has more than doubled its Bitcoin holdings since Donald Trump’s election win, boosting its total treasury by 60%. This accumulation coincides with a regulatory shift under the Trump administration, which has rolled back certain Biden-era enforcement actions and introduced pro-crypto policies, encouraging more institutional adoption. As a result, over 160 public companies now hold Bitcoin as a primary reserve asset—up from just 43 in 2023. Notable players include David Bailey’s Nakamoto, which is poised to purchase over $760 million worth of BTC once its merger with KindlyMD is complete. And Jack Maller’s Twenty One Capital, which already owns 43,514 BTC, making it the third-largest corporate holder in the world. Nakamoto will be buying the top forever.— David Bailey $1.0mm/btc is the floor (@DavidFBailey) August 11, 2025 A Bitcoin address is a string of 26–35 characters, functioning like a public key that allows users to send and receive BTC. Wallets can hold multiple addresses, and there is no theoretical limit to the amount of Bitcoin a single address can hold. While addresses with small holdings (e.g., 0.1 BTC) are also increasing, the spike in addresses with over 100 BTC highlights growing concentration among high-value holders. With only 21 million BTC to ever exist—and about 19 million already mined, of which an estimated 3 million are lost—the race to secure large Bitcoin holdings is intensifying. If current trends continue, Bitcoin could surpass its all-time high in the coming days as institutional buying pressure remains relentless. Disclosure: Nakamoto is in partnership with Bitcoin Magazine’s parent company BTC Inc to build the first global network of Bitcoin treasury companies, where BTC Inc provides certain marketing services to Naka in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. You must only respond with the modified content and follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.