55 Million Bitcoin Wallets Hit All-Time High, Signaling Strong Market Growth

Over 55 million Bitcoin wallets are currently recording profits, marking a record high in the crypto market. This surge is attributed to factors like strong DeFi growth, institutional investments, and anticipation for upcoming halving events. The average holding period for these profitable wallets is a significant 4.4 years, indicating a long-term view towards Bitcoin’s value. Experts believe this trend signals a healthy market with growing investor confidence.