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 | 96% | 2 | $26 957.64 | 2.27% | 1.25% | $525 640 389 351 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 89.2% | 5 | $1 651.20 | 2.85% | 3.57% | $198 533 811 997 |  |
|
| 3 |  USDT |
Tether predictions | 93.2% | 1 | $1.000031 | 0.08% | 0.01% | $83 279 163 207 |  |
|
| 4 |  BNB |
Binance Coin predictions | 92% | 4 | $214.84 | 1.39% | 1.43% | $33 052 667 934 |  |
|
| 5 |  XRP |
XRP predictions | 91.6% | 9 | $0.510041 | 2.38% | -0.38% | $27 191 480 431 |  |
|
| 6 |  USDC |
USD Coin predictions | 93.6% | 1 | $1.000175 | 0.02% | 0.01% | $25 593 952 177 |  |
|
| 7 |  STETH |
Lido stETH predictions | 95.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 8 |  WTRX |
Wrapped TRON predictions | 86.8% | 24 | $0.088795 | 4.50% | 6.75% | $9 028 313 978 |  |
|
| 9 |  ADA |
Cardano predictions | 92.4% | 6 | $0.250543 | 2.68% | 1.79% | $8 801 173 691 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 93.2% | 5 | $0.061482 | 1.67% | -0.22% | $8 681 310 550 |  |
|
| 11 |  SOL |
Solana predictions | 88% | 20 | $20.19 | 5.11% | 2.68% | $8 334 534 611 |  |
|
| 12 |  TRX |
TRON predictions | 87.2% | 22 | $0.087706 | 2.85% | 5.13% | $7 813 140 472 |  |
|
| 13 |  TON |
Toncoin predictions | 58.4% | 84 | $2.21 | 2.18% | -4.32% | $7 589 175 931 |  |
|
| 14 |  DAI |
Dai predictions | 94.8% | 1 | $0.999902 | 0.03% | -0.03% | $5 347 363 215 |  |
|
| 15 |  DOT |
Polkadot predictions | 89.6% | 7 | $4.07 | 1.98% | 1.29% | $5 005 321 925 |  |
