The number of Bitcoin wholecoiners tends to rise and fall with the crypto market’s ebbs and flows, but it has stayed above 1 million for over a year now.
The number of Bitcoin (BTC) ‘wholecoiners’ — a name given to addresses holding one or more BTC — has stayed above 1 million for the last 13 months.
The one million “wholecoiner” milestone was first reached on May 13, 2023, when Bitcoin was trading for just $27,000, according to data from Glassnode.
This number of wholecoiner wallet addresses reached an all-time high on Jan. 1 this year, with just over 1,024,000 wallets holding one or more Bitcoin, according to Glassnode.