Bitcoin, the father of cryptocurrencies, had already reached record levels at the end of 2017, as for the beginning of this week, Bitcoin was trading above $ 7000, to fall again and when writing this article to $ 6885.

increased The number of wallets holding small amounts of Bitcoin has increased significantly since the price dropped to an all-time low, when it traded at $3,850 on March 12.

The total number of wallets holding one billion satoshis and one million satoshis of the total Bitcoin supply increased by an astonishing 6% over the past 90 days.

This period also saw wallets containing one hundred and ten million satoshis of the total Bitcoin supply increase by 4%.

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Both of these addresses had a significant growth in their rate, which started around March 12th, and indicates that users have become interested in the coin and are already starting to acquire it.

Interestingly, whales have recorded a massive increase not seen since the market top in 2017, to the present moment, with 1,838 individual wallets holding up to 1,000 Bitcoin.

These mega portfolios dropped to the 1600 level in March, after that, they increased at an ever-increasing pace and have been so until this point.

There is not much Bitcoin left to mine, with about 3.96 million BTC left out of the total supply of 18.3 million, representing 21% of the total amount of Bitcoin remaining.

It has also been noted that some bitcoin wallets have not moved in the past five years with opinions suggesting that their owners may hold them for the long term.

Regardless of the confidence of Bitcoin holders in the performance of the digital currency, new traders are using this drop in price to get more coins against the next rise they anticipate.

According to news reports, cryptocurrency trading platforms witnessed a surge in their daily trading volume after the massacre that affected most cryptocurrencies.

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While these platforms have been enjoying the recent upside, platforms like CME and Bakkt have recorded a massive downtrend in the market recently.

As the price of Bitcoin looks to return in April, volumes are also increasing at a steady pace, with Skew Market noting that CME trading activity appears to be increasing with 50% open interest since the beginning of the month.

Meanwhile, bitcoin options are currently on a downtrend after their assets went from $294 million on March 12 to $65 million on April 7, according to Skew Market.

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