Quote from: Pillsike on Today at 09:25:06 AM

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.

Buddy, you won't get far on this forum by copy/pasting sentences written by someone else, at least not without sharing reference link. Its sad though that you can't even write a simple sentence by yourself.

Quote from: mindrust on Today at 10:23:18 AM

This doesn't mean anything at all. Some big whale with 1000 btc can create 1000 individual wallets with 1 btc in each. What information would you get from this? Nothing. Even if these were all legit people holding 1 btc, that wouldn't tell you anything too.

Some exchanges/casinos also hold their coins like this. They don't hold all of their stash in one address so it won't gather attention.

While this can be manipulated in bunch of ways (and it probably is), its still encouraging to see number of addresses owning at least 1 bitcoin on the rise. Especially after FTX fiasco that made (at least some) people realize that their bitcoin is not safe on any centralize platform and it should be moved to their own wallet. Well, at least until new generation of crypto enthusiast come in few years that will forget about everything that has happened in the past and will repeat the same mistakes.