• The total supply of wallets that hold between 0.1 Bitcoin (BTC) and 1 Bitcoin has surpassed 1 million coins.
• The collective supply of wallets that hold between 1 BTC and 10 BTC has also topped 2 million.
• These wallets have witnessed a steady increase in total BTC supply since late 2013.
The Bitcoin (BTC) network is constantly growing and expanding, and the number of wallets holding coins within the network has also been increasing over the years. According to recent data, the total supply of wallets that hold between 0.1 BTC and 1 BTC has surpassed 1 million coins, and the collective supply of wallets that hold between 1 BTC and 10 BTC has also topped 2 million.
The chart below demonstrates the increase in the total BTC supply held by wallets that hold between 0.1 BTC and 1 BTC since 2010. This metric started to record a stable increase in late 2013, with short exponential growth periods in 2016 and 2018. As of December 29th, the total supply sits at 1.01 million BTC.
The chart above also shows the increase in the total BTC supply held by wallets that hold between 1 BTC and 10 BTC since 2010. This metric recorded an upwards spike in late 2011 and has continued its exponential growth since then. As of December 30th, the total supply held by these wallets is 2.06 BTC.
The increase in the total BTC supply across these wallets is indicative of the growing popularity of Bitcoin among users and investors. Furthermore, the steady growth in the total supply of these wallets points to the increasing number of users that are investing in Bitcoin, as well as the growing confidence in the asset.
Ultimately, the increasing total supply of these wallets is a positive sign for the future of Bitcoin, as it suggests that the asset is continuing to build up its user base and attract more investors. This is likely to be beneficial for the long-term prospects of the asset, and could lead to further growth and adoption in the near future.