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The number of wallets containing (BTC) bitcoins is approaching an all-time high, exceeding 54.71 million. The number of wallets with (BTC) bitcoins continues to increase to a new record. According to Santiment, the total number of bitcoin wallets with a balance that does not have a balance of zero has reached 54.71 million. This value is only 10 thousand wallets away from the all-time record set on January 19, 2025, which is around 54.72 million.
A report published by Santiment notes that the growth of the Bitcoin network and the separation of large wallets containing large amounts of BTC into smaller wallets are playing an important role in increasing this number. In addition, the increase in the number of wallets while maintaining the excessive volatility of bitcoin prices over the past 8 weeks is seen as a very positive development for the market.
The price of bitcoin has been fluctuating since it reached an all-time high of $109,000 about 8 weeks ago, but the steady growth in the number of BTC users shows confidence in the bitcoin network. Santiment experts note that the division of large investors into different addresses also increases the number of users in order to diversify risks.
According to Santiment, at the moment, the number of Bitcoin wallets is approaching an all-time high by just a small number of wallets under 10 thousand. This event is seen as a positive development in the market in the future.
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