Crypto-Follow logo Crypto-Follow logo
Cryptopolitan 2020-01-25 04:16:34

Bitcoin hodling is on a record high; Glassnode reveals

Bitcoin hodling is increasing over the years especially since 2015, however, this time it is not large-scale institutional investors but rather small investors holding one Bitcoin or more. Glassnode, a blockchain firm, reveals that the number has more than doubled since 2015. As per 14th January, there were around 74,000 addresses with one or more Bitcoins, an increase of 11 percent from the previous year. According to a crypto analyst from the Digital Asset Data in Denver, this constant rise is a product of hodling by retail buyers. This growth in address can also be due to big players or

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer