COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin Wallets with at Least $1,000 Worth of BTC Reach Record High
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Bitcoin Wallets with at Least $1,000 Worth of BTC Reach Record High
Bitcoin (BTC)

Bitcoin Wallets with at Least $1,000 Worth of BTC Reach Record High

In Brief

  • The increase in the price of Bitcoin (BTC), the largest cryptocurrency, has excited many investors. Along with the price increase, the accumulation of BTC has also gained momentum, reaching a record number of wallet addresses with at least $1,000 worth of BTC.ContentsNumber of Wallet Addresses Exceeds 8 MillionApproval of Spot Bitcoin ETF Boosts BTC Accumulation […]
COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

The increase in the price of Bitcoin (BTC), the largest cryptocurrency, has excited many investors. Along with the price increase, the accumulation of BTC has also gained momentum, reaching a record number of wallet addresses with at least $1,000 worth of BTC.

Contents
Number of Wallet Addresses Exceeds 8 MillionApproval of Spot Bitcoin ETF Boosts BTC Accumulation

Number of Wallet Addresses Exceeds 8 Million

According to data tracked by Blockware Solutions and on-chain data platform Glassnode, the number of wallet addresses with 0.028 BTC, equivalent to at least $35,115 at current prices, has exceeded 8 million, reaching a record high. The previous record was around 7.5 million in November 2021 when the largest cryptocurrency hit a record high of around $69,000.

According to Blockware Solutions, the number of wallet addresses in this category could continue to increase as Bitcoin continues to generate profits. The term “profit” here theoretically refers to the process of generating income potential from an asset that does not generate income. In an email sent to Blockware Solutions, it was stated, “If there are tens or hundreds of millions of wallet addresses containing thousands of dollars worth of BTC, it signifies an enormous purchasing power.”

Approval of Spot Bitcoin ETF Boosts BTC Accumulation

The record number comes as speculation grows that the U.S. Securities and Exchange Commission (SEC) will approve one or more spot Bitcoin exchange-traded funds (ETFs) in the near future, coupled with the largest cryptocurrency’s approximately 25% increase in value over the past four weeks. This speculation has sparked excitement among investors and has significantly revived whale activity in the Bitcoin blockchain.

With current data, Bitcoin is trading at $35,250 with a market cap of $688.46 billion, recording a 0.36% increase in the last 24 hours. During the same time period, trading volume has also increased by nearly 30% to reach $13 billion.

Data shows that the price of BTC has increased by 1.82% in the past seven days. Furthermore, the price of the largest cryptocurrency has risen by over 100% since the beginning of the year, with a substantial increase of 112.99%.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Metaplanet Ramps Up Bitcoin Investments with Bold Financial Moves

U.S.-UK Trade Boost Spurs Bitcoin’s Stunning Price Rise

Bitcoin Aims for $500,000 as Market Heat Intensifies

Bitcoin Surges as Tensions Rise Between India and Pakistan

Bitcoin Surges as Short Sellers Get Hit Hard

COINTURK NEWS 6 November, 2023 - 3:08 pm 6 November, 2023 - 3:08 pm
Share This Article
Facebook Twitter
Share
Previous Article Binance Supports TomoChain’s Rebranding as Viction: What Investors Need to Know
Next Article Whale Alert Highlights Significant Transfer of Shiba Inu Token, Boosting Positive Sentiment
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Crypto Boom: Bitcoin Surges Amid Dramatic Market Shifts
Altcoin News
Bitcoin Investment Surge Captivates Institutional Attention
Cryptocurrency News
Crypto Markets Surge as Ethereum Breaks Barriers
Ethereum (ETH)
Metaplanet Ramps Up Bitcoin Investments with Bold Financial Moves
Bitcoin (BTC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?