Bitcoin Addresses Holding Over 0.1 BTC Haven’t Grown in Two Years, What Does ...
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....
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Data from analysts Glassnode shows the number of Ethereum addresses holding 32+ tokens is at an all-time high. Since 2016, the number of addresses with 32 or more tokens has grown in line with Ethereum’s rising price. But this began to plateau during the start of the bear market in January 2018. Sudden interest at […]
A new milestone has been reached in the crypto sphere, as the number of addresses holding Ethereum hit an all-time high of over 51.4 million before the end of a turbulent 2020 year. Number of Addresses Holding ETH Hits a New All-Time High Per figures of data site Glassnode, there are now 51,491,730 addresses holding the aforementioned cryptocurrency, as it keeps climbing in the context of a rally seen in the prices of most cryptos in the last weeks of 2020. The number is significant, considering that there were only 34.7 million addresses with ethereum (ETH) at the start of the year, up by....
While bitcoin trades above the $20k handle, onchain data shows that the number of bitcoin addresses holding at least $1 million has climbed substantially increasing by more than 150%. Moreover, Glassnode’s statistics indicate that roughly 1.85 million bitcoin hasn’t moved in over a decade. At the time of publication, bitcoin (BTC) is hovering just below the $23k handle as the price touched an all-time high at $23,777 the other day. Onchain data shows that the infamous bitcoin rich list has grown a great deal this week. On December 17, 2020, researchers from Glassnode tweeted....
Bitcoin whales are not slowing down on their accumulation tour despite rising prices. Bitcoin has now hit $62K for the first time in five months and the market has rejoiced over this milestone. With more growth expected in the coming weeks, investors are making sure that they do not miss out on what the digital asset has to offer in terms of value. BTC is now the de facto internet store of value, so investors are FOMO-ing into the asset. This has translated to a higher price for BTC. However, the majority holding is still skewed in favor of the whales. These addresses which hold 100 to....
While bitcoin has risen in value in recent times, jumping 8% during the last seven days, statistics show that the number of addresses holding bitcoin has surpassed 40 million addresses. Metrics from the analytics web portal intotheblock.com show addresses that hold any fraction of bitcoin tapped a 30-day high on March 24, reaching 40.25 million addresses.
Addresses That Hold a Small Fraction of Bitcoin or More Swelled Past 40 Million
Non-zero bitcoin (BTC) addresses or accounts that hold at least a single satoshi of BTC has grown at a parabolic rate since 2018. The news was....