Number of Bitcoin Addresses Holding Coin Rises From 707,000 to 784,000
According to information from on-chain blockchain intelligence firm Glassnode, the number of addresses holding at least one Bitcoin has increased notably over the last year. As of Jan. 14, there were 784,000 addresses holding one or more bitcoins, up nearly 11 percent from 707,000 seen a year ago. The rising number of addresses accumulating greater amounts of BTC is a sign that adoption as a store of value is increasing, said Connor Abendschein, analyst at Digital Assets Data.
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