Bitcoin addresses containing 1 bitcoin or more are on the rise recently.

The latest data published on July 3 indicates that there are now more than 820,000 addresses with a balance of at least 1 Bitcoin, which is more number than ever before.

Meaning, there is a possibility that 820,000 people own a full bitcoin, according to data from Glassnode which estimated the total number of addresses holding at least 1 bitcoin at an all-time high.

After the maximum number was recorded on March 28, when these addresses reached 800,000 addresses.

Will the number of bitcoin holders double?

According to the numbers provided by Glassnode, there are more than 820441 An address with a balance equal to or greater than 1 Bitcoin.

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For the record, individuals can access more than one wallet, which means that it is unlikely that the number of bitcoin addresses would necessarily mean the number of people who own 1 bitcoin, rather the number of address owners can vary greatly.

At the same time, these owners may gain access to wallets with slightly lower balances.

The uptrend continues in address balances above the 1 bitcoin threshold as some analysts see major bitcoin holders or “whales” accumulating.

On the other hand, according to a study conducted by “Larry Cermak” stating that the Bitcoin community spent about $2 billion per day of Bitcoin, or more than $180 billion in the second quarter.

Larry also noted an increase in trading volumes on cryptocurrency exchanges.

Bitcoin also managed to achieve a positive growth of 42% in the second quarter of this year.

Ethereum addresses with more than 100 Ethereum exceed 50,000 addresses:

It seems that Bitcoin is not the only one seeing an increase in the number of addresses, as Ethereum addresses also rose, especially those with more than 100 Ethereum in one address, which means a new record as well, according to Glassnode.

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The source indicated more than 50,000 addresses holding more than 100 Ethereum.

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According to the same analyst, “Larry Cermak”, the rise in Ethereum addresses may be due to the fraudulent PlusToken scheme, where those behind the scheme distribute their possessions of Ethereum coins to small wallets in order to complicate their tracking so that they can later sell them freely and without follow-up.

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