Post
Topic
Board Bitcoin Discussion
Re: A new milestone: 1M addresses hold 1 Bitcoin
by
calonpa
on 21/05/2023, 17:56:15 UTC
The last past weeks have 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 address 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 addresses 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/

It is a very good stat which shows that more and more people are using bitcoin. They are holding 1 bitcoin which is big amount in dollars and this shows their trust on crypto. The numbers will increase with time with more users.