At press time, 3,070 address held more than 1,000 BTC each, representing just 0.01% of the total, according to BitInfoCharts’ Bitcoin Rich List. It should also be noted that many of the richest addresses — specifically the top four — belong to exchanges such as Binance, which hold Bitcoins belonging to millions of users.
What bullish sign? If I have 10 000
BTC and I split them to 10 different addresses each containing 1000
BTC what a positive effect this has on anything? By this article, there are 3070 addresses with 1000+
BTC, but they only represent 0.01% of total Bitcoin, a rather negligible figure. And it is publicly known that most of such addresses belong to crypto exchanges, so how can that be an indicator for anything?
Nice PR for that company mentioned in OP directly and in both news links, nothing more than that.
I think those
3070 addresses mentioned on that article didn't clarify that it represents just
0.01 percent of the total Bitcoin addresses and not on the total Bitcoin supply. In fact, as per data from
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html , those addresses that holds 1k BTC or more are comprised of only 2,166 addresses which is inconsistent on what the article had previously stated.
Moreover, those addresses which have of a consolidated total of about 7,530,271 BTC, is roughly 41.86 percent of the total BTC supply including those BTC on the top 4 addresses which are presumed belonging to exchanges.
Interestingly, those addresses which holds BTC in 1k - 10k range accounts for about 26.7 percent of the total BTC supply but I guess I must admit that its too early to assert if we are indeed in a bullish period right now considering there could many factors that have caused this surge in BTC addresses that are holding more than 1k BTC although I hope I'm correct on my assumption that indeed were starting in a bullish phase right now. Imho.
Source:
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html