The number of wallets with more than 1 BTC exceeded 795 600

by in Cryptocurrency News

Bitcoin price accumulation

Despite the decline in the price of the first crypto coin, its owners prefer to accumulate coins. This is evidenced by the data of the analytical company Glassnode.

Related: Bitcoin is lower than $8000. Oil fell by 30%.

As of March 11, the number of addresses with a balance of 1 BTC or more reached 795,630. A day earlier, there were 795,300 such addresses on the network. Thus, market players continue to consider bitcoin as a promising investment.

Along with this, Skew experts set an absolute record in terms of trading in bitcoin options about $200 million. The main share fell on the Deribit exchange ($170 million).

In January, Glassnode estimated that the number of bitcoin addresses with a non-zero balance is 28.4 million, their owners are approximately 23.1 million entities.

In addition, it turned out that as of January 2020, 72% of existing bitcoins were profitable, and more than half of the coins in circulation remained almost always profitable.