Number of Addresses Holding Bitcoin Hits New All-Time High
There are now more active addresses than ever holding Bitcoin. After continuing to grow at a parabolic rate, the total number of non-zero Bitcoin addresses hit an all-time high of 36,896,000 earlier this Friday. The figure has then dropped back to approximately 36,770,000 on Sunday afternoon, according to data from on-chain analytics site Glassnode. This is clearly great news for the crypto market, as Bitcoin hits new monumental highs thanks to cryptocurrencies and blockchain technology […]
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A new milestone has been reached in the crypto sphere, as the number of addresses holding Ethereum hit an all-time high of over 51.4 million before the end of a turbulent 2020 year. Number of Addresses Holding ETH Hits a New All-Time High Per figures of data site Glassnode, there are now 51,491,730 addresses holding the aforementioned cryptocurrency, as it keeps climbing in the context of a rally seen in the prices of most cryptos in the last weeks of 2020. The number is significant, considering that there were only 34.7 million addresses with ethereum (ETH) at the start of the year, up by....
Data from analysts Glassnode shows the number of Ethereum addresses holding 32+ tokens is at an all-time high. Since 2016, the number of addresses with 32 or more tokens has grown in line with Ethereum’s rising price. But this began to plateau during the start of the bear market in January 2018. Sudden interest at […]
While bitcoin has risen in value in recent times, jumping 8% during the last seven days, statistics show that the number of addresses holding bitcoin has surpassed 40 million addresses. Metrics from the analytics web portal intotheblock.com show addresses that hold any fraction of bitcoin tapped a 30-day high on March 24, reaching 40.25 million addresses.
Addresses That Hold a Small Fraction of Bitcoin or More Swelled Past 40 Million
Non-zero bitcoin (BTC) addresses or accounts that hold at least a single satoshi of BTC has grown at a parabolic rate since 2018. The news was....
Cardano has recorded a significant uptick in active addresses in recent days. This comes despite the negative news that has surrounded the digital asset following news of mid-sized crypto exchange eToro demising the altcoin for U.S. users. This has sent the price of the asset barreling downwards towards points that had not been touched in the past three months. The downtrend in the cryptocurrency had opened up an opportunity for investors to snatch up ADA at discounted prices before the expected bounce back. In addition to expected releases of decentralized applications (DApps) on the....
The number of Bitcoin whales is increasing as the price of BTC continues to rise. The number of whale addresses holding Bitcoin (BTC) have hit a new all-time high, the latest data shows. This can be considered bullish, particularly as the price of BTC is showing staying power above $50,000.The increase in the number of whales indicate that high-net-worth investors are actively accumulating Bitcoin as the bull market continues.Number of addresses holding $1m Bitcoin. Source: GlassnodeWhy is the rising number of whales important?During bull cycles, the price of Bitcoin could be at risk of a....