Analysis: The number of addresses with more than $1 BTC has risen sharply

According to AMBcrypto, cryptocurrency analyst Kevin Rooke said on Twitter that bitcoin is spreading from whales to the public. In June 2019, the number of Bitcoin addresses with a $1 BTC (19.4 million) increased by 19% from November 2017 (16.3 million). In addition, during this period, the number of addresses with $10-100 BTC surged by 3.3 million, an increase of 33%. However, the number of BTC addresses with $10,000 to $100,000 has only increased by 9%. The number of BTC addresses with a price of $100,000 to $1 million and more than $1 million decreased by 1% and 11%, respectively. In this regard, the analysis said that because the time period covers 2018 encrypted winter and 2019 encrypted spring, the number of addresses holding fewer BTCs and the number of hoarders' numbers have dropped, indicating that the public's recognition of bitcoin is increasing.