Small hodlers are on the rise, it seems….
Stacking Sats? Small Bitcoin Holders on the Rise, Data Suggests
“New data support the assertion that small bitcoin investors are multiplying rapidly. And anecdotal evidence suggests that much of the growth is taking place in the U.S.
The number of network addresses holding at least 0.1 BTC has continued to hit new all-time highs, climbing to 3,010,784 on Monday, according to data from Glassnode. At the time of publication, 0.1 BTC is worth $770.
These addresses began to increase exponentially around mid-February, coinciding with Federal Reserve Chairman Jerome Powell’s suggestion to lawmakers that the central bank lacked sufficient firepower to fight the next recession.”