Post
Topic
Board Bitcoin Discussion
Merits 3 from 2 users
Re: A new milestone: 1M addresses hold 1 Bitcoin
by
hatshepsut93
on 15/05/2023, 23:43:57 UTC
⭐ Merited by Jet Cash (2) ,Plaguedeath (1)
The last past weeks has been really challenging and tough for bitcoiners as a result of the high transaction fees caused by ordinals on the network. Despite this setback, Bitcoin is still conquering, setting the pace and hitting milestone achievement. According to glassnode, the number of wallets holding atleast 1 BTC are now 1 million.

Your title says "addresses" and you post says "wallets", so which is it? I have a wallet with over 1 BTC, yet my coins are spread across multiple addresses, so I don't have a single address with >1 BTC. I probably never had such address, even in the earlier days, when the price was lower, because back then I was moving my coins a lot.

Also, the addresses with >1 BTC could belong not to single users, but to organizations that hold someone else's coins.