November 26, 2020

The number of wallets with one bitcoin set a historic high

The number of addresses containing at least one main digital coin has reached 800 thousand. For 3 years this value increased by 60%

The number of bitcoin addresses containing at leastsingle coin reached a record high. According to the Glassnode analytical service, the number of such wallets to date has reached the level of 797 thousand.

The previous record was set at the end of 2017years, when the main digital coin rate set a historic maximum at around $ 20,000. At that time, about 720 thousand wallets contained 1 BTC, their number increased by 44% over 12 months.

Since then, the number of addresses with a balance of at least onecoins grew all the time, with the exception of the end of 2018. When the Bitcoin exchange rate fell to $ 3200, the number of wallets containing more than 1 BTC fell sharply to 690 thousand.

In early March, the head of the Coinbase trading platformBrian Armstrong said that in the future the number of cryptocurrency users will increase to 5 billion. The entrepreneur is confident that the massive adoption of digital money will occur similar to how the Internet spread.