Impressive growth of bitcoin addresses holding more than 100 BTC
According to recent data, the number of bitcoin addresses with balances exceeding 100 BTC has reached a new high at the end of this year 2024, nearly hitting 18,000 addresses! Several reasons could explain this trend. Firstly, bitcoin is increasingly perceived as a hedge against inflation. With the expansive monetary policies adopted by numerous countries, investors are seeking assets that can preserve their purchasing power. Additionally, bitcoin crossing $100,000 has convinced many skeptics of the value of BTC, reinforcing its position as a reliable and valuable store of value that could lead to a drop back down to $95,000 due to massive whale sell-offs
