The number of bitcoin wallets reaches an all-time high

According to Glassnode, new all-time highs were set today for Bitcoin wallets.Along with this, the number of exchange-traded deposits in Bitcoin (BTC) dropped significantly, reaching a new low.

Glassnode reports that the number of BTC addresses containing more than 0.1 BTC rose to an all-time high of 3,129,868, up from the previous record of 3,128,826.

The number of BTC wallets with a non-zero balance reached a new all-time high of 30,435,872, compared with 30,428,607 wallets registered on Saturday.

? #Bitcoin $ BTC Number of Non-zero Addresses just reached an ATH of 30,435,872

Previous ATH of 30,428,607 was observed earlier today

View metric: https: //t.co/VtoChZbLsa pic.twitter.com/laAMvkXjOo

- alerts glassnode (@glassnodealerts) July 17, 2020

The data shows the growth of newcomers who boughtfirst coins, and existing retail investors are increasing their savings. It is believed that this was caused by another halving, after which the emission of coins was halved.

In addition, the measures taken by the Federalthe US reserve to support the economy during and after the quarantine due to the coronavirus pandemic, it is hoped that subsequent inflation will lead to a significant increase in prices.

The number of US dollars printed by the Federal Reserve since March this year has already exceeded six trillion.

Data provided by Glassnode also shows that exchange-traded Bitcoin (BTC) deposits have dropped to a 3-month low.

? #Bitcoin $ BTC Number of Exchange Deposits (1d MA) just reached a 3-month low of 1,191.875

Previous 3-month low of 1,220.375 was observed on 24 May 2020

View metric: https: //t.co/bVBW8vAA2s pic.twitter.com/tcyNJVryr2

- alerts glassnode (@glassnodealerts) July 17, 2020

Due to the increased hacker activity, whichhas gone beyond crypto exchanges, embracing DeFi protocols and even the social network Twitter, more and more people are starting to store bitcoins on hardware rather than on the hot wallets of the exchange.

CEO of Binance cryptocurrency exchange ChangpengZhao admitted that some people do not trust centralized trading platforms, which, by the way, was launched by the decentralized exchange Binance DEX.

Commenting on the hacks, Vitalik Buterin wrote thatif Twitter was running on a decentralized protocol, hackers who hacked into multiple verified accounts and launched a fraudulent campaign would not be able to do so.

This attack could have caused serious damage.I'm actually glad a hacker motivated by bitcoin profits got to the attack vector before far more nefarious actors seeking to leak private data, manipulate stock prices, manipulate elections or start wars did.

- vitalik.eth (@VitalikButerin) July 16, 2020

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