Svmuu News: Santiment posted on X that Bitcoin is about to reach a milestone, with the number of wallets holding at least 100 BTC now exceeding 20,000.Wallets holding 100 or more Bitcoin are currently worth at least $6.78 million and are primarily owned by high-net-worth individuals, funds, long-term holders, or institutions. An increase in this number during or following a price decline can be viewed as a bullish signal.However, as of now, the overall supply share held by key holders has not risen significantly, which has kept prices low. If the number of wallets holding 100 or more BTC increases, it indicates that holdings are distributed among more large holders rather than being monopolized by a few. This suggests a reduction in concentration at the top tier.At the same time, however, wealth is concentrating among more powerful large holders rather than small retail wallets. Therefore, this is not a signal of decentralization at the lowest level, but it does indicate that more independent entities have reached “whale” status.Historically, an increase in the number of whale wallets often occurs during accumulation phases, subsequently supporting price rebounds. The growth in the number of wallets must be matched by an increase in the overall supply held, as retail investors gradually sell their tokens to large holders. History shows that retail traders eventually panic-sell or take profits prematurely, facilitating the emergence of this phase.