#Number of Independent BTC Wallets Increases#

Recently, on-chain analyst Ali shared Glassnode data on social media platform X, showing that the number of unique wallets holding at least 1 BTC has resumed its upward trend after a long period of distribution. This data suggests that despite recent market volatility, more and more investors are choosing to hold Bitcoin. This trend could be attributed to several factors, such as Bitcoin's status as a safe haven asset, growing institutional interest in cryptocurrencies, and the continued development of the Bitcoin network. The data also indicates that Bitcoin's value as a digital asset is being recognized by an increasing number of investors, further confirming its long-term value.