The cryptocurrency market is continuing to show strength, as evidenced by the new record of at least one whole bitcoin being held on 977,424 addresses. This is according to the representatives of Glassnode, who noted that investors are still accumulating Bitcoin in the current market conditions. This is a positive sign for cryptocurrency and could indicate that the market is becoming more bullish.
The number of different addresses holding a bitcoin is a very good indication of the health and growth of the digital currency. This is because it shows that there are more and more people interested in investing in the cryptocurrency and that its popularity is increasing. Additionally, it is also a sign of a healthy and diverse marketplace for people to buy and sell bitcoin, as more wallets implies more transactions and more liquidity. Ultimately, the more different addresses holding a bitcoin, the more likely it is that the cryptocurrency will continue to grow in popularity and its value continue to increase.
