Number of Bitcoin Holders Shoots to Record High
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.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 60.8% | 88 | $19 140.20 | 0.69% | -10.68% | $365 286 501 881 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 55.6% | 93 | $1 052.12 | -0.25% | -14.42% | $127 732 400 345 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $0.999073 | 0% | -0.04% | $66 020 314 113 |  |
|
| 4 |  USDC |
USD Coin predictions | 92% | 1 | $1.000180 | 0.03% | 0.02% | $55 812 644 858 |  |
|
| 5 |  BNB |
Binance Coin predictions | 61.2% | 75 | $216.97 | -0.05% | -9.70% | $35 426 838 093 |  |
|
| 6 |  BUSD |
Binance USD predictions | 95.2% | 1 | $1.000661 | 0.08% | 0.04% | $17 558 830 487 |  |
|
| 7 |  XRP |
XRP predictions | 64% | 69 | $0.316937 | 1.69% | -12.93% | $15 321 697 757 |  |
|
| 8 |  ADA |
Cardano predictions | 65.6% | 71 | $0.448043 | 0.04% | -11.32% | $15 122 596 829 |  |
|
| 9 |  SOL |
Solana predictions | 66% | 69 | $32.98 | 0.94% | -19.51% | $11 325 363 890 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 70.4% | 62 | $0.066106 | 1.00% | -14.30% | $8 770 292 754 |  |
|
| 11 |  DAI |
Dai predictions | 92% | 1 | $1.000314 | 0.02% | 0% | $6 923 688 572 |  |
|
| 12 |  DOT |
Polkadot predictions | 69.6% | 67 | $6.72 | 0.35% | -17.69% | $6 633 125 820 |  |
|
| 13 |  TRX |
TRON predictions | 62.4% | 74 | $0.065691 | 3.85% | -4.12% | $6 075 697 886 |  |
|
| 14 |  LEO |
UNUS SED LEO predictions | 70% | 54 | $5.88 | 2.75% | 0.12% | $5 608 593 130 |  |
|
| 15 |  SHIB |
SHIBA INU predictions | 68% | 63 | $0.000010 | 1.24% | -13.41% | $5 530 696 233 |  |
