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Home Markets Cryptos

Number of people owning Bitcoin at an all-time high

Olumide Adesina by Olumide Adesina
December 18, 2020
in Cryptos
MicroStrategy, Data obtained from thecrypto analytics firm says that, the number of Bitcoin addresses having at least 0.1 BTC has risen by 14% over the past one year, Did Satoshi Nakamoto cause the panic sell-off in Bitcoin market, Bitcoin hits $8,826, Pigs hit hard at BTC market, plunges 8%

Credit: Bitcoin.com

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The number of individuals with at least a stake in the world’s flagship crypto, Bitcoin (BTC), has broken into new all-time highs.

Data obtained by popular crypto data aggregator, Glassnode, revealed that Bitcoin’s number of non-zero addresses just reached an all-time high of 33,158,407.

  • A previous ATH of 33,147,842 was observed earlier today.
  • Metric Description: The number of unique addresses holding a positive (non-zero) amount of coins.

📈 #Bitcoin $BTC Number of Non-zero Addresses just reached an ATH of 33,158,407

Previous ATH of 33,147,842 was observed earlier today

View metric:https://t.co/VtoChZbLsa pic.twitter.com/AhN0tSeslc

— glassnode alerts (@glassnodealerts) December 17, 2020

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What you should know

  • The smallest unit of Bitcoin is referred to as Satoshi, which is 0.00000001 Bitcoins. But as this number is so little, you can’t actually buy 1 Satoshi on any crypto exchange.
  • The number of BTC wallets holding at least a satoshi or greater has been increasing since the plunge of the 2017 bull run, after reaching its peak.
  • At the time of writing this report, the flagship crypto traded at $22,858.44 with a daily trading volume of $67.3Billion. Bitcoin is up 4.25% in the last 24 hours. It now has a market value of $424.6Billion.
  • Bitcoin remained confidently above $22,500 amid prevailing market conditions pointing to the bullish trend in play; though external market forces such as institutional investors have impacted heavily on the flagship crypto market, on the bias that a significant amount of leading financial brands now refer to Bitcoin as a treasury asset.

Follow us for Breaking News and Market Intelligence.
Tags: Bitcoin
Olumide Adesina

Olumide Adesina

Olumide Adesina is a financial market writer, analyst and investment trader. Message Olumide on Twitter @Olumidecapital

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Comments 2

  1. Anonymous says:
    December 18, 2020 at 1:35 pm

    23,000 not 33k

    Reply
  2. Sunny says:
    December 18, 2020 at 7:32 pm

    Nice one Olumide

    Reply

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