Non-Zero Bitcoin Addresses Hits an All-Time High

The number of non-zero bitcoin addresses has reached a new all-time high of 40,276,163. As the name suggests, non-zero addresses are wallets containing the smallest fractions of the flagship cryptocurrency. Bitcoin’s On-chain Metrics Still Strong According to data from crypto analytics firm Glassnode, addresses with a non-zero balance of Bitcoin have reached a new all-time high at 40,276,163. 📈 #Bitcoin $BTC Number of Non-Zero Addresses just reached an ATH of 40,276,163 Previous ATH of 40,275,801 was observed on 05 February 2022 View metric:https://t.co/VtoChZbLsa pic.twitter.com/hTnHlN9GeU — glassnode alerts (@glassnodealerts) February 27, 2022 Glassnode pointed out that addresses with positive Bitcoin balances had surged between 2019 and 2020. However, the 2021 bull market halted this trend. By mid-2021, such addresses stagnated at around 35 million. Since then, it resumed the uptrend towards the beginning of this year to reach an all-time high of 40,276,163 addresses. The analytics company also informed that out of the non-zero BTC addresses, 817,445 hold more than on Bitcoin which is at a ten-month high. 📈 #Bitcoin $BTC Number of Addresses Holding 1+ Coins just reached a 10-month high of 817,445 Previous 10-month high of 817,389 was observed on 27 February 2022 View metric:https://t.co/s7tx1xxyz3 pic.twitter.com/AofurSDNTO — glassnode alerts (@glassnodealerts) February 28, 2022 Bitcoin’s Token Circulation Hits a 9-month ...