Bitcoin addresses over the last couple of months have been fluctuating between accumulation and dumping. But one important fact is that there has been consistent growth in 2023 despite the market being less than a week into the new year. The important cohort here is bitcoin addresses that are holding more than 10 BTC on their balances.
Small Bitcoin Investors Want A Bigger Slice
According to a chart posted by Glassnode Alerts on Twitter, the number of bitcoin addresses holding more than 10 BTC on their balances has touched a new two-year high. This investor cohort had previously declined especially as the price of the digital asset had suffered multiple dips and crashes.
Nevertheless, this cohort regained their optimism toward bitcoin at the end of 2022. Back on December 30, just one day left for the year, the number of addresses with 10+ BTC had reached a new two-year high of 155,283 addresses after a significant jump, but only a…
