Bitcoin has increased by more than 45% in the past month, and more than 1 million wallet addresses hold more than 10,000 US dollars worth of BTC

Affected by the recent price surge of Bitcoin, BitInfoCharts data shows that currently more than 1 million wallet addresses hold BTC worth more than $10,000.

However, this does not necessarily mean that more than 1 million people hold these assets, because one person can hold multiple Bitcoin addresses. (Note: On the other hand, addresses holding large amounts of Bitcoin are almost owned by people holding assets on multiple exchanges)

According to BitInfoCharts data, about 48% of bitcoin wallets (about 16 million) hold between 0 and 0.0001 bitcoins. In addition, about 25% of wallets hold 0.001 to 0.01 BTC, which amounts to 8 million.

In fact, as the DeFi boom fades, Bitcoin’s recent price has continued to rise under the stimulus of the halving effect and massive institutional purchases, which has prompted the market focus to shift to mainstream crypto assets again. The data shows that in the past 30 days, Grayscale Investment Company has bought more than 40,000 BTC on behalf of investors, valued at more than 6 million US dollars. Decrypt believes that high-net-worth investors in Bitcoin have arrived.

According to data from Cocoa Finance, Bitcoin has risen strongly since the beginning of October, with the price rising from 10,777 U.S. dollars to above 15,000 U.S. dollars, reaching a maximum of 15,985 U.S. dollars, an increase of more than 45% in the past month.

Affected by this, the income of Bitcoin miners has soared. According to data from Blockchain.com, BTC miners’ income reached 20.8 million US dollars on November 4, the highest level since May this year (Bitcoin’s third halving), and broke the highest record since September 2019, when the mining area The block reward is twice the current one.

As of press time, BTC is quoted at US$15,622, up 3.61% in 24 hours