• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Tuesday, September 16, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Bitcoin Addresses Holding 10+ Coins Reaches New ATH Of 157,504

Will Izuchukwu by Will Izuchukwu
September 9, 2023
in News
Reading Time: 3 mins read
0
Share on TwitterShare on Facebook

The number of Bitcoin addresses holding 10+ coins has reached a new all-time high of 157,504, according to data from Glassnode. This is a significant increase from the previous ATH of 157,472, which was set on September 8, 2023.

Source: Glassnode

The increase in the number of addresses holding 10+ coins is a bullish sign for Bitcoin. It suggests that there is a growing number of investors who are accumulating large amounts of the cryptocurrency. This could be a sign that investors are expecting the price of Bitcoin to continue to rise in the future.

Institutional Accumulation

There are a few possible reasons for the recent increase in the number of addresses holding 10+ coins. One possibility is that institutional investors are accumulating Bitcoin. In recent months, there has been a growing interest from institutional investors in Bitcoin. These investors are often looking to invest in assets that they believe have a long-term growth potential.

Retail Accumulation

Another possibility is that retail investors are accumulating Bitcoin. Retail investors are individuals who invest in cryptocurrencies for personal financial gain. These investors are often attracted to Bitcoin’s potential for high returns.

Whatever the reason, the recent increase in the number of addresses holding 10+ coins is a positive sign for Bitcoin. It suggests that there is strong demand for the cryptocurrency and that investors are confident in its long-term prospects.

Final Thoughts

It is important to note that the number of addresses holding 10+ coins is just one metric that can be used to assess the health of the Bitcoin market. Other factors, such as the price of Bitcoin and the amount of trading activity, should also be considered.

Overall, the recent ATH of the number of addresses holding 10+ coins is a bullish sign for Bitcoin. It suggests that there is strong demand for the cryptocurrency and that investors are confident in its long-term prospects.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.

Follow us on Twitter @thevrsoldier to stay updated with the latest Crypto, NFT, and Metaverse news!

Image Source: nexusplexus//23RF// Image Effects by Colorcinch

Tags: addressbitcoinBTC
Previous Post

Curve Bouncing Back After Hack, Why is $ROE Growing At A Faster Pace Than CRV?

Next Post

Navigating Cryptocurrency Volatility: Finding Opportunity Amidst FUD

Related Posts

Featured

Pakistan Moves to Regulate Digital Asset

September 14, 2025
shibarium-shib-hardfork 1
Featured

Shibarium Bridge Hit by $2.4M Exploit

September 14, 2025
coinbase-ceo-bitcoin-Brian Armstrong 1
Featured

Coinbase Explains How Token Listings Work

September 14, 2025
XRP Targets a Breakout as Bulls Eye a 20% Surge
Market Analysis

XRP Targets a Breakout as Bulls Eye a 20% Surge

September 13, 2025
Featured

Bitcoin Takes a Breather After Record High – But the Bulls Aren’t Done Yet

September 13, 2025
Altcoin Season Index Soars to 76 While Bitcoin Dominance Wobbles
Market Analysis

Altcoin Season Index Soars to 76 While Bitcoin Dominance Wobbles

September 11, 2025

Press Releases

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?
News

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

by Alex Mercer
September 10, 2025

Ripple’s XRP is flirting with the $3 mark again, thanks to a tidal wave of speculation around a potential ETF...

Read more
Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

September 2, 2025
Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

September 1, 2025
Why Ethereum ATH Could Crush Bears Before Q3 Ends

Why Ethereum ATH Could Crush Bears Before Q3 Ends

August 12, 2025
Ethereum’s 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

Ethereum 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

July 20, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier