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.
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23,000 not 33k
Nice one Olumide