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The New Bitcoin Wall Record: Number Of BTC Wallets With More Than 0.1 BTC Amount Exceeded 3 Million Mark - Binaryx
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The New Bitcoin Wall Record: Number Of BTC Wallets With More Than 0.1 BTC Amount Exceeded 3 Million Mark

Glassnode presented a report according to which the number of Bitcoin and Ethereum holders jumped sharply. The company analyzed the active addresses of investors and revealed that 3,054,282 wallets contain from 0.1 BTC and higher.

The number of addresses that hold from 0.1 BTC and above has grown

Earlier, the activation of the accumulation of Bitcoins in investors’ wallets was largely determined by the market position of the flagship cryptocurrency. In particular, 2017 is a prime example. The year after the second halving, Bitcoin jumped sharply under the influence of the bulls.

Bitcoin addresses storing 0.1 BTC or more: Glassnode

Thanks to the rally of the crypto asset, many investors have turned their attention to digital currency. It was during that period that the first historical maximum was recorded: the number of wallets from 0.1 Bitcoin and higher grew by 45% to 2.6 million. Previously, one could only dream of such indicators.

Why did a surge in investor activity occur? Many cryptanalysts attribute this to Bitcoin’s third halving. It was in the period until May 12, that the maximum number of Bitcoin transactions in wallets was recorded. Market participants are likely hoping for a repetition of the Bitcoin price growth model that occurred after the previous 2 halvings.

Ethereum is also at its peak now

Not only Bitcoin felt an increase in attention from investors. The purchase of Ethereum has also intensified. According to the latest data, the number of wallets. which stores from 0.1 ETH rose to 2984.080.

Ether addresses storing 0.1 ETH or more: Glassnode

So far, Ethereum has not come close to the previous maximum: in 2017, the number of addresses that contained from the coin soared almost 3 times to 2.4 million. But cryptanalysts are optimistic because of Ethereum’s stability and its recent growth provoked a wave of interest in this altcoin among investors.