The number of Bitcoin (BTC) addresses holding at least 1000 coins has soared to a new all-time high (ATH). According to Glassnode data, the number of addresses with over 1000 cryptocurrencies now stands at 2,469, representing one of the biggest bullish milestones for the biggest cryptocurrency amid its week-long price dip.
The new ATH signals the fact that the market whales are not backing down from Bitcoin as the new number of big Bitcoin accumulators has helped bulls regain the market from the bears. At the time of writing, Bitcoin has overturned its bearish run experienced over the week with a gain of over 13% to trade at $35,726.97. Although the cryptocurrency is still about 14.98% below its all-time high of near $42,000, the new uptick has shown the resilient nature of the cryptocurrency in the face of pressurizing market sell-offs.
Bitcoin has hit two big milestones in the past few days as Blockchain.News reported earlier that a second Bitcoin whale was spotted holding at…
