Glassnode: there are more than 823 thousand wallets with a balance of 1 BTC

Glassnode: there are more than 823 thousand wallets with a balance of 1 BTC

Glassnode analysts note that the number of wallets storing 1 BTC or more continues to increase and has reached a new record.

In their reports, researchers call such wallets “full-coin”. According to Glassnode, the number of wallets with a balance above 1 BTC has exceeded 823,000. And this is a new historical record:

“Despite the fluctuations in the price of bitcoin, the number of wallets storing 1 BTC or more shows constant growth. The number of “full-coin” addresses reached a new record and, at the end of the day, the number of such wallets exceeded 823,000, ” they write
glassnode analysts on the social network Twitter.

In mid-August, billionaires Cameron and Tyler Winklevoss (Cameron & Tyler Winklevoss) expressed confidence that bitcoin is much more reliable than gold:

“Bitcoin is not only an asset with a limited amount, but also the only asset in the Universe with a pre-known amount. With bitcoin, there can’t be a situation when new coins flood the market. As, for example, with gold or any other commodity. This is the first asset in the Universe whose supply does not depend on demand, ” the founders of the Gemini exchange emphasized.

Recently, the Kraken cryptocurrency exchange released a monthly report on the state of the cryptocurrency market. The report notes that September has always been the worst month for bitcoin.

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