A major bump in such wallets came after the implosion of crypto exchange FTX between November and January.

Individual wallets holding at least one bitcoin (BTC) set a milestone figure earlier this week, suggesting long-term sentiment for the tokens remains intact even as broader markets weigh down bitcoin prices.

Data from the on-chain analytics tool Glassnode show bitcoin wallets holding more than one token crossed the millionth mark on Monday. This is a 20% bump since February last year.

The data shows that bitcoin wallets holding one token grew by 79,000 between November and January – amid the collapse of crypto exchange FTX as prices fell from over $22,000 to briefly under $16,000.

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