According to glassnode, the number of wallets holding atleast 1 BTC are now 1 million. According to the report,
That is good news, this means Bitcoin users continue to rise every day and strengthen the system. And, I hear not only 1 BTC but, another nominal like 0.1 BTC also rise in every day, from 1 million in 2019 to 3 Million in 2023. I think people around the world is understood very much the function and how they take advantage of the investment. Bitcoin is one of the strongest investments than other instruments, like stock, and gold. That probably will rise with the new user, especially at the same time with a halving moment where Bitcoin always hype, and will appear frequently on in every news. 
Topic: A new milestone: 1M addresses hold 1 Bitcoin - page 4. (Read 541 times)
It doesn't matter to me how many of those belong to one owner. The important thing I guess is we see that there's 1M wallets that have been filled with 1 BTC and all of them are holding. While it's estimated that satoshi has got 1M supply and that will never be recovered. We can think of how many of these are no longer in circulation while these 1 btc's that are in these wallets, this only simplifies that many have been taking care even of themselves and hold at least even 1 btc.
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.
Your title says "addresses" and you post says "wallets", so which is it? I have a wallet with over 1 BTC, yet my coins are spread across multiple addresses, so I don't have a single address with >1 BTC. I probably never had such address, even in the earlier days, when the price was lower, because back then I was moving my coins a lot.
Also, the addresses with >1 BTC could belong not to single users, but to organizations that hold someone else's coins.
Indeed, this is worth celebrating; in every bullish and bearish market, there is always a change of ownership among Bitcoin holders. Most people see the bull run as an opportunity to sell off all their holdings, which is why there will always be others willing to buy and bag up more. This 1 million address holds at least 1 bitcoin. There could still be possible holders out there whose holdings are not being recorded because they might be holding their coins on a centralized platform where all their holdings are recorded as part of the exchange's own until they withdraw them to their personal wallet. I believe after the halving, we might as well see an increase in the amount of wallets holding more, even above 1 bitcoin.
Thats a big number. Having one bitcoin is really big thing. It can be considered as investment, holding or whatever. For what they've achieved during the years we can expect more people getting aware of it. When the holding increases we can experience the increase in the adoption. This gives the common holders to stay positive and make use of each and every opportunity. Majority of the wallet owners seems to be between 25 and 40 years of age.
Quite often we were able to experience the changes happening in the market out of the volatility. Some state that the price will stabilize beyond certain point, in real-time it is highly impossible as the demand to supply market continues on its track.
Quite often we were able to experience the changes happening in the market out of the volatility. Some state that the price will stabilize beyond certain point, in real-time it is highly impossible as the demand to supply market continues on its track.
The increasing number of wallets holding at least one Bitcoin is a clear indication that Bitcoin adoption is on the rise, and more individuals are showing interest in owning and utilizing it. As a result, it's probable that the demand for Bitcoin will increase, which could lead to a gradual increase in its value over time. Nonetheless, it's worth noting that Bitcoin is a highly volatile asset, and its value is susceptible to significant fluctuations in response to market conditions
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/
Source: https://cryptoslate.com/insights/a-new-milestone-1m-addresses-hold-1-bitcoin/
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