The bull season is a period where some old holders would be exiting their positions by selling their bitcoin while new holders would buy the bitcoin thereby retaking their positions. During the 2017 bull season, there were over 500,000 addresses with atleast 1 million Bitcoin but this figure has increased over the years.
But what if that’s not necessarily the case? Over the years, there’s one more figure that had an impressive increase and it’s the price. With it comes an increased fear of not having a wallet secure enough as well, so what if a lot of this increase in addresses holding 1 Bitcoin comes from an attempt at having a better security overall?