Recently, according to Glassnode data, there are only 16,732 addresses in the world that hold more than 100 bitcoins (about $9.19 million). Compared with the growing global consensus on Bitcoin, this number is impressive. With a fixed supply limit of 21 million bitcoins, this scarcity has become an important driving factor for its value. The "100 BTC Club" has demonstrated the limitations of global wealth distribution with an extremely low threshold.
Why are hundreds of BTC so scarce?
1. Constant and decentralized supply
As digital gold, Bitcoin was originally designed to resist inflation and provide the world with a limited, censorship-resistant way to store value. Under the mechanism of halving every four years, the issuance of new coins gradually decreases, and the supply curve tends to be stable. However, among the nearly 8 billion people in the world, the number of holders of 100 BTC is less than 20,000, which fully proves the scarcity of this resource.
2. Concentrated Holdings of Early Participants
Bitcoin was born in 2009, and early participants accumulated assets in large quantities due to technological advantages or strong faith in Bitcoin. This phase created many 'whale addresses', but over time, the proportion of whale addresses has gradually declined, leading to a more distributed wealth distribution.
3. Price Increase Raises the Threshold
As Bitcoin's price breaks through $100,000, the threshold for holding 100 BTC is approaching the level of $10 million. This is undoubtedly an insurmountable gap for ordinary investors.
What is the significance of the 100 Club?
1. Symbol of Wealth Scarcity
Holders of 100 BTC are considered the extremely rare 'core force' in the Bitcoin ecosystem. They are not only important guardians of Bitcoin's value but also crucial pillars for its price stability.
2. Victory of Long-Termism
In the eyes of long-term value investors, 100 BTC is not just a symbol of wealth but also a belief in the future development of the digital economy. Those who can persist in holding a large amount of Bitcoin amid severe price fluctuations often possess strong psychological resilience and forward-thinking.
What will happen in the future?
With the entry of institutional investors, the acceleration of global Bitcoin compliance processes, and the further increase in Bitcoin demand, the '100 Club' will become even rarer. There may be two trends:
1. Decrease in Holders
In the future, more individuals and institutions will increase their holdings of Bitcoin in a decentralized manner, and whale addresses will gradually be covered by smaller addresses, leading to a decrease in the number of '100 BTC Club' members.
2. Constantly Rising Price Threshold
If Bitcoin's market value continues to grow, the price of a single BTC is expected to reach the million-dollar level, and the threshold for 100 BTC will rise to a billion, further enhancing the rarity of club members.
What is your opinion?
Do you think the 100 BTC Club will expand, or will its scarcity become more pronounced over time? How should ordinary investors seize the wealth opportunities offered by cryptocurrencies through distributed investment methods?
Feel free to share your insights in the comments!