#Number of Independent BTC Wallets Increases Again#

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Overview

According to on-chain analyst Ali, the number of unique wallets holding at least 1 Bitcoin is once again showing an upward trend. This suggests that after a long period of distribution, the number of Bitcoin holders is increasing, potentially signaling a resurgence in market interest in Bitcoin.

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Analysis

Based on the provided article information, we can see that the number of unique wallets holding at least 1 BTC is once again on an upward trend. On-chain analyst Ali, using Glassnode data, discovered that this number is growing again after a long period of distribution. This indicates that, despite recent market volatility, more and more investors are choosing to hold Bitcoin. This could be due to Bitcoin's attributes as a safe haven asset and its long-term value potential. This trend also reflects that, despite market fluctuations, Bitcoin's long-term value is still recognized by investors, and its value as digital gold is gradually being accepted by the market.

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

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BTC is experiencing a new distribution period

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The number of BTC holders is increasing

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The number of long-term BTC holders is increasing

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