Just saw this article: https://bitcoinmagazine.com/markets/over-1-million-bitcoin-addresses-hold-1-btc-or-more-reflecting-strong-adoption
Over a million BTC addresses now hold at least 1 BTC. That’s a huge chunk of the total supply. Institutions like MicroStrategy are also loading up Bitcoin.
Historically, these address numbers lagged price, but that trend seems to be reversing. Could this be a sign of growing long-term confidence in Bitcoin? Or just whales accumulating ahead of another bull run?
Thoughts?
submitted by /u/Mental_Temperature_2
[link] [comments]