The demand Bitcoin has the same upward trend in its early stages

15 October 2019 by Océane

In investigating thoroughly the data from the resource analysis Glassnode of the Blockchain, Willy Woo, the statistician in Bitcoin, has been able to reveal that a growing number of users is currently holding the crypto-currency number one.

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A huge increase in

After a period of stagnation for nearly five years, the number of addresses Bitcoin (BTC) containing more than 1 000 BTC, or nearly $ 8.3 million, now knows a considerable increase.
Woo has recently published on social networks the growth of the address BTC.
According to the graph, the network would be in the process of replicating the same upward trend as that of its best years.

“The growth rate of the address 1000 BTC now corresponds to the initial growth of the Bitcoin network “, he commented.

Currently, more than 3,000 addresses, or 3 070 exactly, hold more than 1,000 BTC, representing 0.01% of the total amount of BTC in circulation.
In addition, the majority of addresses, this feature belong to behemoths such as Binance, which list millions of users of BTC.

BTC is a godsend in the eyes of investors

If five years ago, people felt ownership of the bitcoins to satisfy their curiosity, now, the desire to hold assets is driven by financial strategies, especially since the digital asset grew in value.
Also, many investors in the more wealthy would like to currently make a fortune with the detention of the asset.
Woo would have supported in this regard :

“To our knowledge, the Bitcoin is in the process of being reborn. It is powered by an influx of capital from high net worth investors, while the former was a product of domain technologies, which have begun to network Super Bullish “.

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