The amount of non-zero bitcoin addresses has reached an al-time high and now exceeds 40 million!

Non-Zero Bitcoin Addresses at ATH, Bitcoin Wholecoiners at 10-Month Peak

“As the name suggests, non-zero addresses are wallets containing even the smallest fraction of bitcoin. A recent chart by the analytics resource Glassnode informed that such entities have begun increasing lately and charted a new all-time high after finally exceeding 40 million.

As the graph below demonstrates, such addresses, which typically demonstrate retail investors’ behavior, spiked in late 2017 amid the previous bull cycle and declined shortly after – as BTC started its retracement.

They picked up in the next year or so before plateauing at around 35 million for a while, but Glassnode said they are 40,276,163 as of early February 28.”

https://cryptopotato.com/non-zero-bitcoin-addresses-at-ath-bitcoin-wholecoiners-at-10-month-peak/