According to a recent report from Santiment, crypto markets are showing signs of accumulation as investors anticipate the White House’s March 1 internal deadline related to the Clarity Act. The legislation is expected to provide clearer regulatory guidance for digital assets, reducing uncertainty for exchanges, blockchain companies, and investors.
Market watchers say the upcoming deadline could influence trading behaviour, as the industry waits to see how regulatory clarity might affect both retail and institutional participation.
Bitcoin whale wallets approach 20,000
Santiment’s data highlights that Bitcoin wallets holding 100 or more BTC are nearing 20,000. Each of these wallets represents a minimum of $6.78 million, typically owned by high-net-worth individuals, funds, or long-term holders. Historically, growth in these large wallets during or after price declines has indicated accumulation phases, which often precede price recoveries.
While the overall supply controlled by whales has not significantly increased, the rise in wallet numbers shows wealth is spreading across more major holders rather than concentrating in a few accounts.
🏦 After Jane Street’s market impact earlier this week, attention is now turning to the White House’s March 1 internal deadline related to negotiations surrounding the highly anticipated Clarity Act. The legislation remains critically important for crypto because it will aim to… pic.twitter.com/JZmmK6Quxe
— Santiment (@santimentfeed) February 27, 2026
Users reacted by noting that regulatory uncertainty, combined with large whale transfers, could trigger significant market volatility. Some highlighted that whales are positioning ahead of the March 1 Clarity Act deadline, anticipating shifts in stablecoin yields and prompting preemptive moves by institutional investors.
Large transfers spike across multiple networks
The Santiment report also notes significant activity in high-value transfers exceeding $100,000 across Bitcoin, Ethereum, Tether, and the XRP Ledger networks over the past month. Spikes in large transfers often correlate with potential market reversals.
📈 Bitcoin is about to hit a milestone, surpassing 20,000 wallets with at least 100 $BTC. A wallet with 100 or more Bitcoin is currently worth a minimum of $6.78M, and they’re obviously going to be largely owned from very high net worth individuals, funds, long term holders, or… pic.twitter.com/ayzB0fmguC
— Santiment (@santimentfeed) February 26, 2026
Analysts expect that early March could see increased whale activity regardless of short-term price moves. The trend suggests that retail holders are gradually selling to larger wallets, increasing capital concentration among serious market participants.
While this does not necessarily indicate decentralization at the smallest level, it signals a phase of strategic accumulation that historically supports future market stability and recovery.
Notably, Bitcoin slipped below $65,000 in early Asia trading, triggering roughly $230 million in long liquidations as markets contend with heightened macro uncertainty.
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