Bitcoin: Over 1M addresses now hold 1 BTC as market eyes recovery

The number of addresses holding 1 BTC has been on the rise, reflecting investors’ bullishness for the long term.has been struggling of late as the bulls have failed to take control of the market. However, this sluggish price action hasn’t demotivated investors to hold at least 1 BTC.revealed that Bitcoin investors had a terrible month last month as the coin’s price dropped by more than 8%.

Despite the latest price corrections, it was optimistic to see over 85% of BTC investors still in profit, as per IntoTheBlock’sAs per the tweet, there were more than 1 million addresses that were holding 1 BTC. This was a clear long-term trend, as more and more people aim to achieve whole-coiner status.

The other bullish metrics were active addresses and the number of transactions, as both of them increased in the last 24 hours.

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