Overview

Click to expand overview
The number of unique addresses holding at least 1 BTC. Why Is This Chart Useful? It can be used alongside the other Address Balance charts to understand whether adoption is On-chain data shows that the number of Bitcoin addresses with at least 1 BTC available has hit a new all-time high. The number of Bitcoin addresses holding at least one Bitcoin has reached an all-time high, according to data from metrics and analytics site Glassnode. As of today, there Even though the prices fluctuate around $30k, the number of bitcoin addresses holding at least one bitcoin hits an all-time high. The previous all-time high was The number of addresses holding at least one Bitcoin has reached a new all-time high of 848,082. It seems whales are buying the dip in bitcoin, are you currently long or short $BTC? Notably, the number of Bitcoin addresses holding at least 1 BTC rose to 1 million, marking a new all-time high (ATH), according to data from Glassnode. In fact, the 1 According to data from Bitcoin Magazine Pro, there are 1,012,650 Bitcoin addresses that contain 1 BTC or more. This represents more than 1 million BTC potentially

Bitcoin Addresses Holding At Least 1 BTC Hit All-Time High: What Does It Mean?

The number of Bitcoin addresses holding at least one Bitcoin has reached a new all-time high, according to data from metrics and analytics site Glassnode. This signifies growing adoption and long-term conviction in the digital asset, even amidst market volatility. We\'re seeing a significant increase in addresses accumulating Bitcoin.

Recently, the number of addresses holding at least 1 BTC hit a new all-time high of 848,082. This surpasses the previous all-time high and indicates a strengthening trend of accumulation, particularly among larger holders.

Why Is This Rise in Bitcoin Addresses Holding At Least 1 BTC Significant?

The number of unique addresses holding at least 1 BTC provides valuable insight into Bitcoin\'s adoption and distribution. Why Is This Chart Useful? It can be used alongside the other Address Balance charts to understand whether adoption is actually increasing or if existing holders are simply consolidating more Bitcoin.

Even though the prices fluctuate around $30k, the number of bitcoin addresses holding at least one bitcoin hits an all-time high. This suggests that while short-term traders may be influenced by price swings, long-term investors, sometimes referred to as "whales," are continuing to accumulate Bitcoin.

On-Chain Data Confirms the Trend

On-chain data shows that the number of Bitcoin addresses with at least 1 BTC available has hit a new all-time high. This data, verifiable on the blockchain, provides transparent evidence of the increasing number of participants holding at least one full Bitcoin.

Are Whales Buying the Dip?

It seems whales are buying the dip in bitcoin. This accumulation by larger addresses could be a contributing factor to the all-time high in addresses holding at least 1 BTC. Are you currently long or short $BTC?

While previously reported figures indicated the number of Bitcoin addresses holding at least 1 BTC rose to 1 million, marking a new all-time high (ATH), according to data from Glassnode. These numbers fluctuate, but the trend of increased accumulation is undeniable.

Notably, the number of Bitcoin addresses holding at least 1 BTC rose to 1 million, marking a new all-time high (ATH), according to data from Glassnode. In fact, the 1 BTC threshold demonstrates a commitment to holding a significant amount of the cryptocurrency.

However, different data sources may show variations. According to data from Bitcoin Magazine Pro, there are 1,012,650 Bitcoin addresses that contain 1 BTC or more. This represents more than 1 million BTC potentially being held by these addresses.

Regardless of the exact number, the consistent trend is clear: more and more Bitcoin addresses are holding at least 1 BTC, suggesting continued belief in its long-term potential.

Top Sources

Related Articles