Bitcoin (BTC) whale addresses have surged in number over the past year, according to data from Pinbold. The report indicates that 56,325 new whale addresses holding over $1 million worth of BTC were created in 2022, representing a significant 58.21% increase from the previous year. On average, approximately 154 new whale addresses emerged each day in 2022. This growth in whale addresses is a testament to the increasing interest in Bitcoin as an investment asset. As the value of BTC has appreciated, so too has the number of individuals and institutions accumulating large amounts of the cryptocurrency. The presence of more whales in the Bitcoin market suggests a growing confidence in the long-term potential of this digital asset.