Bitcoin Wallets With More Than 100 BTC Hits 6-month high October 20, 2020 October 20, 2020 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Bitcoin NewsOctober 20, 2020 by Kelly Cromley

Bitcoin Wallets With More Than 100 BTC Hits 6-month high

Crypto related data provider Glassnode has stated that 16,159 Bitcoin wallets currently hold over 100 Bitcoins.

While revealing the info yesterday, the company also mentioned that the wallet figure has gone past the previous six month high of 16,158, recorded on June 8.

Glassnode further pointed out that the number of non-zero Bitcoin addresses hit a new peak of 31,913,355, including about 5,000 added in the past 24 hours.

It can be remembered that analyst and market cyclist Cole Garner had pointed out a record two-year high in fresh BTC addresses in the initial week of October.

Utilizing data provided by Glassnode, Garner estimated that roughly 22,000 new Bitcoin related “entities” had come up in a single day, a huge rise from the usual figure of 5,000 to 10,000 per day.

Back in May, Bitcoin wallets possessing non-zero coins breached the 30 million milestone for the first time. Over 99% of those wallets held less than 10 BTC, which was modest amount at that time.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.