The number of Bitcoin users has reached a maximum and continues to grow

The glassnodes.com statistics were shared by a Twitter user with the nickname IncomeSgarks. On the published chart, you can observe the dependence of the number of bitcoin addresses on the value of the cryptocurrency. To date, 615,463,205 wallets have already been created, 4.5% of which have BTC on balance.

At least 1 bitcoin is stored on almost 800,000 wallets, and 154,000 wallets have on the balance of 10 BTC or more. Only 16,000 addresses can boast of a balance of over 100 bitcoins, and more than 1000 BTC are stored only at 2156 addresses. In addition, there are 105 holders on the network who own more than 10,000 Bitcoins.

Historical data shows a direct correlation of the number of addresses on the network with the value of the coin. And, as the price of BTC rises, more and more new bitcoin wallets will appear, as the coin becomes more attractive in the eyes of investors.

In addition, the number of Bitcoin holders on the network has increased, which does not sell cryptocurrency even during a price fall but continues to store it on their accounts.