While bitcoin has risen in value in recent times, jumping 8% during the last seven days, statistics show that the number of addresses holding bitcoin has surpassed 40 million addresses. Metrics from the analytics web portal intotheblock.com show addresses that hold any fraction of bitcoin tapped a 30-day high on March 24, reaching 40.25 million addresses.
Addresses That Hold a Small Fraction of Bitcoin or More Swelled Past 40 Million
Non-zero bitcoin (BTC) addresses or accounts that hold at least a single satoshi of BTC has grown at a parabolic rate since 2018. The news was revealed on March 25, when intotheblock.com’s official Twitter account tweeted about the milestone.
“40M+ Holders – For the first time the number of addresses holding bitcoin has surpassed 40 million,” Intotheblock said. “After dropping in February, the number of addresses holding Bitcoin has continued to grow and set new highs.”
The crypto analytics firm Intotheblock added:
This points to growing interest and adoption for bitcoin.
Back on March 12, 2018, or four years ago, the number of non-zero bitcoin addresses was around 20.86 million. Statistics show that the number of bitcoin addresses grew by 92.95% since that day four years ago. Presently, the number of daily active bitcoin addresses is 955,380 and the number of new addresses is 429,120. In terms of profit, 30.64 million addresses holding BTC have profited at the current price.
100 Addresses Command More Than 14% of the Crypto Asset’s Supply, 3.3 Million Addresses Hold a Small Fraction up to 0.00001 Bitcoin
Intotheblock.com metrics indicate that the concentration of large bitcoin holders today is 10%, while coincarp.com data indicates the top ten BTC holders own 5.58%
