Bitcoin Nears $123K as Whale Addresses Hit All-Time High
Bitcoin Magazine Bitcoin Nears $123K as Whale Addresses Hit All-Time High BTC price hovers near record highs as addresses holding over 100 BTC surge to 18,996, fueled by corporate treasuries and pro-crypto policies. This post Bitcoin Nears $123K as Whale Addresses Hit All-Time High first appeared on Bitcoin Magazine and is written by Nik.
Bitcoin Magazine
Bitcoin Nears $123K as Whale Addresses Hit All-Time High
Bitcoin is holding strong at around $120,000, sitting less than 3% below its all-time high of $123,180, as whales continue to accumulate large amounts of BTC. According to fresh data from Bitcoin Magazine Pro, the number of addresses holding over 100 BTC has reached a new all-time high of 18,996.
The chart provided by Bitcoin Magazine Pro shows the number of unique addresses holding at least 100 BTC steadily increasing, now surpassing its previous peak of 18,544 made back on February 26, 2017. The data “can be used alongside the other Address Balance charts to understand whether adoption is increasing or decreasing generally for Bitcoin over time, and also whether usage is increasing or decreasing among specific cohorts,” Bitcoin Magazine Pro notes.
JUST IN: The number of addresses holding more than 100 #Bitcoin has hit a NEW ALL TIME HIGH
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