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The number of addresses that hold a minimum of the specified amount of bitcoin, by year.
The chart is split into three groups:
This view is an imperfect proxy measure for the adoption growth of Bitcoin.
It is imperfect because an individual can hold multiple Bitcoin addresses. This is often done to either reduce the point of failure risk of holding all btc in a single wallet or to reduce privacy risk. Entity data science analysis can attempt to overcome this by clustering addresses to a single entity but that is also imperfect due to exchanges being classed as single entities when they are holding funds for very large numbers of individuals.
Despite these limitations, by viewing the values by year the chart can offer a broad sense of Bitcoin adoption over time.
Live chart showing the number of unique addresses holding at least 1,000 BTC.
Live chart showing the number of unique addresses holding at least 1 BTC.
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