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Bitcoin
Bitcoin (BTC)
$93,936.00 -0.399
Bitcoin price
Ethereum
Ethereum (ETH)
$1,794.74 -0.24445
Ethereum price
BNB
BNB (BNB)
$600.26 -1.38941
BNB price
Solana
Solana (SOL)
$149.37 0.11779
Solana price
XRP
XRP (XRP)
$2.23 1.46799
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000135 -4.94672
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000089 -3.60127
Pepe price
Bonk
Bonk (BONK)
$0.0000186 -0.59634
Bonk price
dogwifhat
dogwifhat (WIF)
$0.619532 -5.52336
dogwifhat price
Popcat
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$0.385799 -3.34432
Popcat price
Bitcoin
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$93,936.00 -0.399
Bitcoin price
Ethereum
Ethereum (ETH)
$1,794.74 -0.24445
Ethereum price
BNB
BNB (BNB)
$600.26 -1.38941
BNB price
Solana
Solana (SOL)
$149.37 0.11779
Solana price
XRP
XRP (XRP)
$2.23 1.46799
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000135 -4.94672
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000089 -3.60127
Pepe price
Bonk
Bonk (BONK)
$0.0000186 -0.59634
Bonk price
dogwifhat
dogwifhat (WIF)
$0.619532 -5.52336
dogwifhat price
Popcat
Popcat (POPCAT)
$0.385799 -3.34432
Popcat price
Bitcoin
Bitcoin (BTC)
$93,936.00 -0.399
Bitcoin price
Ethereum
Ethereum (ETH)
$1,794.74 -0.24445
Ethereum price
BNB
BNB (BNB)
$600.26 -1.38941
BNB price
Solana
Solana (SOL)
$149.37 0.11779
Solana price
XRP
XRP (XRP)
$2.23 1.46799
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000135 -4.94672
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000089 -3.60127
Pepe price
Bonk
Bonk (BONK)
$0.0000186 -0.59634
Bonk price
dogwifhat
dogwifhat (WIF)
$0.619532 -5.52336
dogwifhat price
Popcat
Popcat (POPCAT)
$0.385799 -3.34432
Popcat price

Number of bitcoin wallets holding more than 1,000 BTC hits three-year low

News
Number of bitcoin wallets holding more than 1,000 BTC hits three-year low

The number of Bitcoin addresses holding at least 1,000 BTC — worth nearly $17 million as of press time — reached a three-year low of 2,063 addresses.

According to data provided by blockchain analytics service, Glassnode on Dec. 3, Bitcoin (BTC) whales are getting cold feet over the current market conditions.

Historical data shows that a sharp decline in the number of Bitcoin addresses holding at least 1,000 BTC was often — but not always — followed by a sharp decline in Bitcoin’s price.

Number of bitcoin wallets holding more than 1,000 BTC hits three-year low - 1

Glassnode data also suggests that on Dec. 3, the seven-day average of Bitcoin’s mean transaction volume reached a two-year low of $25.438. The previous two-year low of $25.450 was registered the day before, Dec. 2, 2022.

The findings follow recent statements by crypto market analysts suggesting that the leading cryptocurrency is headed lower, despite “people turning bullish without reason.”