Over One Million Bitcoin Addresses Hold 1 BTC: A Sign of Long-Term Confidence

A significant milestone has been reached in the Bitcoin market, with data revealing that over one million Bitcoin addresses now hold more than 1 BTC. This surge in long-term investment signifies a growing confidence in Bitcoin’s potential for sustained growth and reflects a shift toward accumulating rather than trading. Experts attribute this trend to both retail and institutional investors like MicroStrategy, which holds a substantial 226,500 BTC and aims to bolster its holdings further. This accumulation is also reflected in the growing holdings of U.S. spot Bitcoin ETFs, exceeding 901,000 BTC. While the limited Bitcoin supply (only 21 million coins exist) plays a role in this development, it’s the shift toward long-term holding that creates the most impact. This trend could further tighten market circulation and influence price trends.