#Bitcoin Wallet Growth#

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Overview

According to on-chain analyst Ali's data, the number of unique wallets holding at least one Bitcoin is once again trending upwards, indicating that the number of Bitcoin holders is increasing after a long period of distribution. This trend suggests that despite recent market volatility, interest in Bitcoin remains strong.

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Analysis

According to the provided article, we can see that the number of unique wallets holding at least 1 Bitcoin is once again showing an upward trend. On-chain analyst Ali, using Glassnode data, found that after a prolonged period of distribution, this number is rising again. This suggests that, despite market volatility, interest in Bitcoin remains high, and more and more people are starting to hold it. This trend may also be linked to the recent rebound in Bitcoin's price, attracting more investors to the market. While it remains uncertain whether this trend will continue, it is undoubtedly a positive sign, indicating that Bitcoin's appeal as a digital asset is steadily increasing.

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The number of unique wallets holding at least 1 BTC is increasing

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After a long period of distribution, the number of unique wallets holding at least 1 BTC is again showing an upward trend

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The number of unique wallets holding at least 1 Bitcoin BTC has increased again

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The increase in Bitcoin wallet count may signal a bullish sentiment in the market

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