Bitcoin wallet addresses with one Bitcoin have increased by 13,000 as a result of price action
What
The number of Bitcoin wallet addresses containing one Bitcoin or more increased by 13,091 over the past week
Why
Over the past 10 days, since May 10 market slump to $30,000, over 14,000 whole coiners have joined the network
What next
Should these addresses keep their Bitcoin, they will each own 1 of the 21,000,000 total supply once the last coin is mined
The story
Following the market slump of the Bitcoin price in recent weeks, the number of wallet addresses containing one Bitcoin or more has increased by 13,091.
This increase brings the total number of ‘wholecoiners’ as they are known in the community to 865,254. As the total supply of Bitcoin will not surpass 21 million, each of these wallets will effectively own 1/21,000,000 of all Bitcoin mined.
The number of addresses adding 0.1 BTC or more has also increased over the past 10 days.
However, the number of wallets containing more than 100 BTC has dropped by 136 over the same period, which suggests that “whale” wallets (large BTC wallet addresses) could be unloading their reserves.
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