Number Of Addresses With Over 1 Bitcoin Hits New All Time High Despite Volatility Finbold
As of May 16, 2022, the number of Bitcoin addresses with one Bitcoin and above hit an all-time high of 841,224, data provided by blockchain analysis platform Glassnode indicates. The surging number of holders has coincided with Bitcoin’s drop of over 55% from the all-time high of almost $68,000 registered in November last year. Who increased their BTC holdings? Even with the high level of volatility, buying one Bitcoin is still prohibitively costly for most retail investors....