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Ethereum
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Number of Bitcoin Holders Shoots to Record High


26 May 2021

#Bitcoin

The number of bitcoin addresses in accumulation has risen to a record high as investors with long-term horizons take advantage of the recent price drop to boost their coin stashes. The count of accumulation addresses climbed to a record for the seventh consecutive day on Monday, taking the total to 545,115, according to Glassnode data. The number has increased by 16,445 since May 8 – a sign of persistent bargain hunting by long-term holders during bitcoin’s slide from $58,000 to $30,000.

The balance held in accumulation addresses has jumped by 30,000 during the same time frame, hitting a two-month high of 2.79 million BTC. Glassnode defines accumulation addresses as ones that have at least two incoming non-dust (tiny amounts of bitcoin) transfers and have never spent funds. Essentially, these are long-term holder addresses.

Over-the-counter (OTC) desks have also seen substantial outflows over the past two weeks, signifying dip-demand from institutional investors.
On Monday, OTC desks tracked by Glassnode registered an outflow of 11,883, the most since early September.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 74.4% 45 $17 040.34 0.41% 2.78% $327 586 470 004 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 72% 50 $1 260.53 -0.98% 3.56% $154 256 163 552 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $1.000124 0% 0.06% $65 504 319 153 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 72.8% 54 $289.97 -0.63% -7.48% $46 385 823 540 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 92.4% 1 $0.999990 0% -0.03% $43 353 608 508 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 95.6% 1 $1.000358 0.01% 0.02% $22 160 103 167 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 78% 44 $0.389957 -1.28% -3.61% $19 599 418 956 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 63.2% 79 $0.103566 1.66% 0.32% $13 740 217 249 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 66.4% 68 $0.322204 -0.95% 1.15% $11 099 881 951 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 91.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 67.2% 69 $0.915591 -0.97% 6.03% $7 997 059 840 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 71.6% 56 $5.55 -0.28% 2.46% $6 329 445 734 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 90.8% 1 $0.999962 0.01% -0.03% $5 686 900 189 DAI 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 66% 77 $76.47 -0.24% -0.18% $5 487 345 950 LTC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 74% 50 $0.053457 -1.20% -0.35% $5 435 339 856 WTRX 7 days price change

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