Cryptocurrency Q&A
How many 'wholecoiner' bitcoin addresses are there?
How many 'wholecoiner' bitcoin addresses are there?
Riccardo
Tue Aug 06 2024
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5 answers
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I'm curious to know, just how prevalent are so-called "wholecoiner" Bitcoin addresses? By "wholecoiner," I mean addresses that hold a full bitcoin, or more precisely, 1 BTC or greater. Are these addresses numerous, indicating widespread adoption and interest in holding significant amounts of the digital currency? Or are they relatively scarce, pointing to a more exclusive group of investors and enthusiasts? Understanding the distribution of these addresses could provide valuable insights into the current state of the bitcoin ecosystem.
5 answers
Elena
Thu Aug 08 2024
Throughout the previous year, Bitcoin's price fluctuations attracted a new wave of investors, particularly those who were convicted of the asset's potential. These buyers capitalized on the declining prices, accumulating cheap Bitcoin.
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ethan_harrison_chef
Wed Aug 07 2024
The surge in demand from these investors has significantly impacted the distribution of Bitcoin holdings. As a result, the number of Bitcoin (BTC) wallet addresses that possess one whole BTC or more has crossed a major milestone.
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GinsengBoostPowerBoostVitality
Wed Aug 07 2024
Specifically, the count of wallet addresses holding one or more whole BTC surpassed the one million mark, a testament to the growing acceptance and adoption of Bitcoin as a digital asset.
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Eleonora
Wed Aug 07 2024
This achievement, colloquially referred to as the "wholecoiner" milestone, was reached on May 13th, as evidenced by data from Glassnode, a reputable blockchain analytics platform.
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KimonoElegance
Wed Aug 07 2024
Among the various platforms facilitating Bitcoin transactions, BTCC, a UK-based cryptocurrency exchange, stands out for its comprehensive services. BTCC offers a range of features including spot trading, futures contracts, and secure wallet solutions, catering to the diverse needs of cryptocurrency enthusiasts.
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