According to blockchain analytics organization Glassnode, the number of wallets holding as a minimum of 1 BTC or more hit 950,000. According to Bitcoin podcast host Jake Woodhouse, the price of something reflects its value. However, price action ought to now no longer be confused with value, because the maximum current records in the Bitcoin marketplace represent.
According to Glassnode records, exchange balances have trended down considering the start of the year. In January, exchanger balances measured more or less 2. eight million, or nearly 15% of the whole supply of Bitcoin mined. In November, exchanges balances are right all the way down to 2. 3 million Bitcoin or shy of 11% of the total supply.