#BTC Wallet Count Growth#

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Overview

According to Glassnode data shared by on-chain analyst Ali, the number of unique wallets holding at least 1 BTC has resumed its growth trend after a prolonged period of distribution. This signifies that more individuals and institutions are accumulating Bitcoin, which could reflect growing market confidence in BTC and potentially foreshadow future price increases.

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Analysis

Recently, Glassnode data released by on-chain analyst Ali shows that the number of unique wallets holding at least 1 BTC is trending upwards again. This trend suggests that after a long period of distribution, the number of Bitcoin holders is increasing. While there is no clear explanation yet, this phenomenon may be related to multiple factors, such as increased institutional investor interest in Bitcoin, Bitcoin price volatility, and growing public awareness of digital currencies. This trend also indicates that Bitcoin's value as a digital asset is being recognized by more and more investors, and its future development is worth looking forward to.

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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 phase

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The number of BTC holders is growing

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BTC adoption rate is rising

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