Bitcoin Mid-Tier Wallets Hit Record Highs, Signaling Bullish Momentum for 2025

Mid-tier BTC wallets hit 15,777 on Jan 22, 2025, reflecting growing confidence among key stakeholders as prices top $105K.

Wallet growth since Oct 2024 aligns with BTC's rally, signaling increased activity during bullish trends and price surges.

Consistent accumulation by mid-tier holders underscores market optimism, positioning Bitcoin for further growth in 2025.

Bitcoin mid-tier holders, those managing between 100 and 1,000 BTC, created a new high on January 22, 2025. According to Santiment, wallets climbed to a historic high of 15,777 - extending the prior record set earlier in the current month. A testament to growing confidence among key stakeholders, Bitcoin's price was also showing resilience, having opened the day at $103,654.82 before closing at $105,343.57 in a $5,000 trading range.

The steady rise in mid-tier Bitcoin wallets has correlated closely with BTC’s price movement. Besides, wallet growth accelerated notably after October 2024, following a significant rally. During this rally, both wallet numbers and Bitcoin prices surged. Notably, this alignment indicates increased activity among stakeholders during periods of price appreciation.

Key Stakeholder Confidence Drives Bitcoin Growth

Santiment's data highlights a consistent accumulation trend among mid-tier Bitcoin holders. This trend intensified during late 2024 and early 2025, with wallet numbers climbing steadily. Consequently, Bitcoin’s price also exhibited an upward trajectory, recovering swiftly from minor dips.

Source: Santiment

Moreover, the correlation between wallet growth and price suggests that these stakeholders are positioned for a bullish market. This increase in wallet numbers signals heightened activity among investors with holdings, further boosting market sentiment. Additionally, the consistent accumulation reflects confidence in Bitcoin’s long-term potential.

Bullish Signals for 2025

Bitcoin’s price momentum remains robust, supported by growing wallet numbers and strong market activity. The new wallet record on January 22, 2025, aligns with Bitcoin’s resilience above $105,000. This simultaneous growth highlights the strengthening confidence of mid-tier stakeholders.

However, there are slight pullbacks in wallet growth during mid-January, showing the dynamic nature of the market. Despite this, the broader trend remains upward, suggesting sustained accumulation and bullish sentiment for 2025.

Moreover, Santiment’s insights emphasize the role of mid-tier investors in driving Bitcoin’s growth. These stakeholders actively influence price movements by steadily increasing their holdings. Hence, their activity serves as a leading indicator of market strength.