Bitcoin’s Non-Zero Balance Addresses Keep Surging, But These Key On-chain BTC Metrics Show Weakness
The number of Bitcoin wallets holding a non-zero BTC balance continues to rocket higher, hitting a new all-time high of 45.388 million on Sunday, as per data presented by crypto analytics firm Glassnode. That’s a rise of...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
That’s a rise of over 2 million since the start of 2022 and is the fastest rate at which the Bitcoin network has added non-zero wallet addresses since early 2021....
Read More: Bitcoin’s Non-Zero Balance Addresses Keep Surging, But These Key On-chain BTC Metrics Show Weakness
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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