The bitcoin network hit a new all-time high yesterday when looking at the number of bitcoin addresses on-chain that hold at least 0.01 bitcoin balance.
This new all-time high came in at 9,245,770 bitcoin addresses that meet the criteria.
0.01 bitcoin currently sits at approximately $570.
Another important aspect of this new all-time high metric is that this is purely about on-chain bitcoin addresses, which does not include exchange accounts where the majority of bitcoin and cryptocurrency investors will go to buy, sell, or hold their assets.
When you account for this detail, the 9 million number that may have previously seemed small compared to the global population, now seems a little bit more impressive……
