The number of bitcoin addresses with cryptocurrency exceeded 40 million for the first time
Since the beginning of 2022, 888 000 new addresses with a balance in ВТС have joined the network
25.03.2022 - 16:15
514
2 min
0
What’s new? The number of addresses holding bitcoin has surpassed the 40 million mark for the first time in history, according to the crypto analytics platform IntoTheBlock. According to a Twitter post, the number of addresses with the first cryptocurrency dropped in February but then continued to rise and set new highs.
What had happened before? The previous high was recorded on March 14, when the average number of addresses reached 39,7 million. Since the beginning of 2022, 888 000 new addresses with balance in bitcoin have joined the network. The accumulation of the asset has increased in recent months. The total balance in the wallets of investors holding the cryptocurrency for more than one year was more than 11,7 million BTC, showing an upward trend since November 2021.
Earlier, the number of bitcoins on exchanges fell to a 2018 low. As of March 21, Bitcoin has a supply of 2,51 million and Ethereum has 21,6 million coins.
Useful material?
Market
Tether Finance division will be responsible for the issuance and redemption of USDT stablecoins
Apr 18, 2024
Trends
The first project introduced on the platform will be BounceBit (BB)
Apr 18, 2024
Business
The rate exchange of the native ACH token reacted with a 10% increase
Apr 18, 2024
Market
Miners are hunting for the first block after halving as the value of the first satoshi could exceed $1 million
Apr 18, 2024
Market
The platform will be non-custodial and accessible to everyone
Apr 15, 2024
Market
China Asset Management, Harvest Global Investments, and Bosera Asset Management have received permits
Apr 15, 2024