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2.231 Address! — Blockchain Media Indonesia

Bitcoin balances of more than 1,000 BTC (Rp.191 billion) are increasing, reaching 2,231 address, set a record high throughout history.




According to data published by Glassnode, the total number address Bitcoin with a balance of 1,000 BTC or more, has reached a new high point of all time.

As of 25 October 2020, total number address Bitcoin with a balance of more than 1,000 BTC reached 2,231, with the Bitcoin price at that time US $ 13,025.

The previous record was set just days earlier on 23 October 2020, when the total was address Bitcoin holding more than 1,000 reached 2,229.

The current figures mark a spike in the short term amount, where the total is address Relevant Bitcoin jumped from 2,178 on October 20, 2020.

According to Elias Strehle, researcher at the Blockchain Research Lab, there could be many explanations for the increase in numbers address Bitcoin which has 1,000 BTC or more.

“This could mean the true concentration of wealth, or it could mean that the wealthy ‘Bitcoiners’ kept their funds in address less, or it could be a side effect of a bigger crypto asset exchange, “Strehle told Decrypt .

The true concentration of wealth is an interesting argument for other Bitcoin observers.

Jason Deane, Bitcoin analyst at Quantum Economics, says he shouldn’t come as a surprise if we see this trend actually pick up over time, as more and more net-worth individuals seek safe haven against currencies. fiat worldwide.

Apart from high net worth individual / retail investors, the trend of institutional investors taking a closer look at Bitcoin has been gaining momentum in recent months.

Last August, for example, MicroStrategy announced a Bitcoin investment of US $ 250. This was followed a month later with an additional US $ 183 million. Followed by Square, which bought Bitcoin worth US $ 50 million. [red]

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