Categories: News

The number of addresses with a balance of more than 10 BTC reached a historical record

Coin Metrics reports that the number of bitcoin addresses that store at least 10 BTC has reached 157,000. This is approximately 1% of all addresses with a non-zero balance.

According to researchers, 614,500 wallets store from 1 to 10 BTC, and addresses where it lies from 10 to 100 BTC make up 0.5% of the total.

Researchers emphasized that bitcoins on such wallets do not necessarily belong to one person. These addresses may belong to cryptocurrency exchanges and other companies. On the other hand, several wallets can belong to one person. But the main thing is that the process of accumulating bitcoins continues.

Note that according to the analysis company IntoTheBlock, most Bitcoin owners are already in the black. About 83% of holders of the first cryptocurrency bought it at a price lower than they can sell now.

Coin Metrics previously reported
that the number of bitcoins that have been in wallets without movement for more than 5 years has reached record heights. About 21.6% of the coins can be called “inviolable” (some of them may be lost forever).

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