Quote from: sokani on May 15, 2023, 09:04:12 PM

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. According to the report, last year when the market took a deep dive, a good number of persons were wise enough to grab some bags.

there is completely true about people are taking the advantage of buying once there is a bear market,
as we have seen this happened many times before because of Buying Low selling high .

Quote

Although, some wallets belong to crypto exchanges and some persons might have more than one wallet address but this milestone achievement is worth celebrating.

Source: https://cryptoslate.com/insights/a-new-milestone-1m-addresses-hold-1-bitcoin/

That is the sad part about that , in which we are not sure that if those 1 million wallets are truly owned by each person or there are multiple of those are handled by one person , though the milestone is achieved and we must look in to the good side of this .