Bitcoin It cannot get out of the downward trend it is experiencing. At this point, while there was a decline last night, some data BTC It presents a positive picture for
According to a report by Fidelity Digital Assets, the number of wallets holding $1,000 or more worth of BTC has increased by 20% since the beginning of 2024.
of this situation BTC Stating that it draws a positive picture for the world, Fidelity stated that the ongoing accumulation in these small addresses reached 10.6 million on March 13, reaching a record level.
Pointing out that the number of wallets holding at least $1000 BTC in 2023 is 5.3 million, Fidelity said that the number of existing wallets has increased by 100%.
“This increase in the number of wallets holding at least $1,000 worth of BTC shows that there is a continued increase in the number of smaller addresses purchasing and holding Bitcoin despite the upward trend in prices.
As a result, this increase shows that Bitcoin is bought and adopted by more people.
“This increase, which represents an important milestone for Bitcoin, shows that people are turning to Bitcoin despite the rising prices, and this is a positive situation for BTC.”
Fidelity also held on exchanges Bitcoin He also noted that the amount has decreased since its peak levels in 2020.
Analysts state that this trend continues in the first quarter of 2024. “BTC balance on exchanges dropped to approximately 2.3 million BTC” said.
*This is not investment advice.
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