Wallets Holding Bitcoin | A Data by Glassnode
According to a recent data shared by Glassnode, the total supply of wallets holding bitcoin between 0.1 BTC to 1 BTC have surpassed 1 million coins, while the collective supply of wallets holding between 1 Bitcoin to 10 Bitcoin topped 2 million.
As of December 29, wallets holding Bitcoin between 0.1 to 1 collectively own more than 1 million coins.
Late in 2013, the total BTC supply of these wallets began to steadily rise, with brief spurts of exponential growth occurring in 2016 and 2018. The total supply is 1.01 million BTC as of December 29.
While the total supply of wallets holding Bitcoin between 1 to 10 also breaking it's all time high surpassing 2 million in late November.
The total supply held by these wallets is 2.06 BTC as of December 30.
The chart demonstrates the increase in the total supply of Bitcoin held by wallets that are holding Bitcoin between 1 to 10 since the year 2010.
Late in 2011, this metric experienced a surge in the upward direction, and it has been growing exponentially ever since.
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Posted Using LeoFinance Beta
I think Bitcoin adoption picks back up after the Covid backlash calms down as well as some of the crypto scandals.
Posted Using LeoFinance Beta
Hmm might be