Analysis: The number of addresses holding less than 1 BTC has reached 323,000, an increase of about 22% since BTC rose from $61,000
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Odaily reports that CryptoQuant analyst stated in a post on X that "the average number of addresses holding less than 1 BTC is currently 323,000. This growth began when the BTC price was $61,000, at which time there were 265,000 such addresses, an increase of 21.9% since then. Although labeled as "shrimps", these holders have shown strong confidence in the growth of Bitcoin, continuing to accumulate Bitcoin even at current price levels. Given the current trend, it is expected that the number of such addresses will further increase to reach 351,000 in the near future."
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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