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. Although, some wallets belong to crypto exchanges and some persons might have more than one wallet address but this milestone achievement is worth celebrating.
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https://cryptoslate.com/insights/a-new-milestone-1m-addresses-hold-1-bitcoin/Huge milestone for the bitcoin ecosystem, that is one way to show that more and more people are becoming more and more confident in the network. 1 Bitcoin is not a small amount of money for most people, but I think that is even a testament. For 1 Million people to be HODLing 1 BTC, for most that is like their life savings. They are literally holding onto that bag for dear life and I think that speaks volumes.