Bitcoin

Million

James

<p><strong>Bitcoin is on its way to the moon.</strong> Its recent performances have sparked unprecedented enthusiasm, leading to a <strong>dramatic increase in the number of addresses with a non-zero balance</strong>. Details&nbsp;!</p>
<h2 id="h-bitcoin-the-world-is-flocking-to-it">Bitcoin, the world is flocking to it</h2>
<p>Bitcoin, which crypto-skeptics like Peter Schiff predicted would end last year, is back in the spotlight. Besides making a strong comeback in terms of price, the queen of cryptocurrencies is also setting stunning records. If it’s not the BTC whales that are busy <a href="https://www.cointribune.com/en/bitcoin-whale-accumulation-record/" target="_blank" rel="noopener noreferrer nofollow">stocking up</a>, it’s the <a href="https://www.cointribune.com/en/bitcoin-btc-transactions-record-breaking-performance-with-no-end-in-sight/" target="_blank" rel="noopener noreferrer nofollow">number of transactions</a> recorded on the blockchain that are soaring.</p>
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     <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> address with a non-zero balance has just surpassed 50M. <br><br>We are seeing one of the strongest forms of accumulation from the smaller cohorts. The only other times we've seen stronger accumulation is in the 2017 and 2021 bull markets. <a href="https://t.co/vpUHI3WZ34" rel="noopener noreferrer nofollow">https://t.co/vpUHI3WZ34</a> <a href="https://t.co/FdQGWJEGcr" rel="noopener noreferrer nofollow">pic.twitter.com/FdQGWJEGcr</a></p>— James V. Straten (@jimmyvs24) <a href="https://twitter.com/jimmyvs24/status/1729101897762517279?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 27, 2023</a>
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  Over 50 million addresses with a non-zero balance for Bitcoin
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<p>In a recent release, <a href="https://cryptoslate.com/insights/bitcoin-small-holder-addresses-hit-all-time-high-hint-at-widening-user-base/" target="_blank" rel="noopener noreferrer nofollow">CryptoSlate</a> highlighted a new record set by Bitcoin. More specifically, it is about the number of <strong>small BTC hodlers</strong> that has just surpassed the 50 million address mark.</p>
<p>This explosion in the number of addresses belonging to the Plankton cohort, that is, those containing an amount greater than or equal to 0.01 BTC, is intriguing some analysts. Initially, it’s worth noting that the number of similar addresses was only 37.5 million a while ago, according to the latest statistics.</p>
<p>But the frenzied rush towards bitcoin by the small hodlers has led to the addition of <strong>approximately 1.6 million addresses in just 30 days</strong>.</p>
<p>As for the quantity of BTC addresses with a balance more than zero, the 50 million mark has been surpassed.</p>
<p>Yet, in November 2017, that is six years earlier, these crypto wallets were only at 25 million. That’s half of the 50 million mentioned recently.</p>

Bitcoin Bursts All Records Again: Over 50 Million Wealthy BTC Addresses

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