Decrypt | Number of Bitcoin Addresses Holding Over 1,000 BTC Hits New High

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3 years ago

He//o World... Welcome to Blockchain Announcements!

As I love to say, Decrypt, my new favorite news portal, shared another amazing article. Today, Scott Chipolina, one of the most amazing authors on this portal in his new article says that:

The data, published by Glassnode, could be a result of institutional investors grabbing Bitcoin.

There are many more interesting details but I'll share only *Brief* part of the content and of course, the redirection to the full article.

In brief:

  • The number of Bitcoin addresses holding over $1,000 has hit an all time high.

  • The latest data shows that 2,231 Bitcoin addresses fit this category.

  • Experts suggest several possible reasons: institutional investors buying Bitcoin, consolidation of addresses by HNW individuals, or exchanges becoming larger

To read the full article, please, click *HERE* or photo under;

Thanks for your priceless attention and have a good life!

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#BlockchainBRAIN

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