Number of people owning Bitcoin at an all-time high

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

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.