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