#Number of Independent Bitcoin Wallets Growing#

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Overview

The number of unique wallets holding at least one Bitcoin has recently shown an upward trend. On-chain analyst Ali shared data from Glassnode on the social media platform X, showing an increase in the number of unique wallets after a long period of distribution. This trend suggests that Bitcoin remains attractive to investors despite recent market volatility, and the growth in the number of unique wallets also reflects the market's continued interest in digital assets.

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Analysis

Based on the provided article, we can observe a positive trend: the number of independent wallets holding at least 1 Bitcoin is once again showing an upward trend. This indicates that despite recent market fluctuations, interest and confidence in Bitcoin remain strong. On-chain analyst Ali, using Glassnode data, found that after a long period of distribution, the number of independent wallets holding at least 1 BTC has increased again. This could mean that more people are starting to hold Bitcoin and view it as a store of value, or it could be a sign of optimism about the future market. While market volatility is currently high, this trend shows that the value and status of Bitcoin as digital gold remain solid, and its future development is worth looking forward to.

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Classic Views

The number of independent wallets holding at least 1 BTC is growing.

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Bitcoin is undergoing a new distribution phase.

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The growth in the number of independent wallets may indicate that Bitcoin adoption is rising.

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The long-term value of Bitcoin may be gaining recognition.

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