Crypto Live News

Number of Small Bitcoin Holders Hit ATH

Written by: Qadir AK

Written by right arrow

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

  • author facebook
  • author twitter
  • linkedin

Sep 17, 2022

news-image

The on-chain data suggest that investors who were previously on the sidelines are now seen jumping over the flagship cryptocurrency’s network as the number of Bitcoin ($BTC) addresses with small holdings has recently hit a new all-time high.

As per data of September 15, coming from Glassnode, the number of Bitcoin addresses holding at least 0.01 BTC, worth nearly $200, has surged up to a new high of 10.7 million. Popular analyst Ali Martinez also suggested that the number of new daily BTC addresses being created on Bitcoin is rising as there is a ‘spike in interest from sidelined investors’ who are now pulling up BTC below $20,000 per coin.

Back to top button