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Bitcoin addresses holding at least 1 BTC close in to a million

Published 11/25/2022, 07:42 AM
Updated 11/25/2022, 09:40 PM
Bitcoin addresses holding at least 1 BTC close in to a million

Smaller wallet addresses in the Bitcoin (BTC) ecosystem continue accumulating BTC despite market turmoil.

The number of known addresses on the Bitcoin blockchain that hold 1 BTC or more has hit a new all-time high. According to blockchain analytics company Glassnode, the number of wallets holding at least 1 BTC or more reached 950,000.

Bitcoin balances of 1 BTC or more has surged since November. Source: Glassnode
Bitcoin Balance on exchanges trends lower. Source: Glassnode

Continue Reading on Coin Telegraph

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