December 5, 2020

Cryptheory

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784 147 BTC addresses hold at least one coin

1 min read
784 147 BTC addresses hold at least one coin

The number of bitcoin addresses in the last decade has largely seen a linear growth model. According to Glassnode news portal, there are currently 784,149 btc addresses that have at least one coin.

 

BTC owners are growing

 

Alex Gedevani on Twitter shared a post that showed a bitcoin address graph. At first glance it is clear that since 2010 the curve has grown linearly in strength.

784 147 BTC addresses hold at least one coin

Cryptanalysts point to a rising trend as evidence of Bitcoin’s strength, despite critics who often argue otherwise. The total number of bitcoin addresses may not always equal the number of bitcoin investors.

According to a news portal report, there are more than twice the number of addresses with more than one BTC coin than at the beginning of 2015. It also increased year-on-year by almost 11% from 707,000 to 784 147 at the beginning of the year.

The number of addresses held between 0.1 and 1 BTC increased by the same percentage between 2019 and early 2020. It is important to note that one person can hold a large number of BTCs at different addresses.

Summary

 

Reporting the linear upward trend of the owners of at least one BTC coin is a clear indication that the cryptocurrency is definitely not dead, as some media claim. We can expect the same model in the future.

 

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