Here is how many bitcoin addresses hold at least 10 BTC
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Answer Here is how many bitcoin addresses hold at least 10 BTC
Despite the recent correction in the crypto market, the total number of bitcoin whales has increased dramatically in the past few months.
On August 18, the number of bitcoin addresses holding at least 10 bitcoins reached 149,961 addresses, the highest level since February 2021.
In addition to the recent surge in the number of large bitcoin addresses, the bitcoin supply that has been active for nearly 10 years reached an all-time high on Thursday.
according to “glassMore than 2.5 million bitcoins were last active in 2012.
In the past week, Bitcoin experienced a sharp decline in its value as it fell by almost 9%.Read:How does the BIS see banks dealing with cryptocurrency?
The total market capitalization of Bitcoin is currently over $400 billion.
Glassnode data shows that the total number of addresses holding at least one bitcoin reached an all-time high of 896,735 on Friday.
While the number has jumped significantly since the beginning of 2021.
Another clear trend in the recent market correction has been the constant outflows of cryptocurrencies from leading digital trading platforms to cold wallets.Read:Professor at “Wharton” University: Bitcoin will take over and the Federal Reserve must defend the dollar!
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