NewsBTC •
December 9, 2025 at 23:20 •
Analysis
Since Bitcoin’s launch, the number of addresses holding more than 0.1 BTC has climbed steadily through every market cycle, until now. Data shows that addresses in this cohort haven’t grown at all over the past two years, breaking a trend that held for more than a decade. The stagnation indicates a change in how smaller and mid-sized investors engage with Bitcoin, even as broader institutional activity in the market continues to rise. Small Holder Participation Reaches A Standstill The 0.1 BTC threshold has historically represented an important milestone for retail holders, large enough to signal commitment but small enough to remain widely attainable. For more than a decade, wallets crossing that line grew year after year, even during drawdowns when long-term buyers...