‘Bitcoin Rich List’ Reaches All-Time High

The Bitcoin Rich List, or the number of addresses holding all that bitcoin, is at a record high, according to data site Glassnode.

At press time, 2,190 addresses contain 1,000 or more bitcoin, according to data compiled by BitInfoCharts. The previous record was 2,184 on Sept. 28, 2019. Bitcoin’s price was $11,717, up 0.28% from the previous 24 hours as of 19:15 UTC.

The total amount of bitcoin held in accounts of 1,000 or more was 7,868,823 as of press time. That amounts to $92.2 billion.
In the wake of the coronavirus pandemic, more investors have been looking into bitcoin and other cryptocurrencies as alternative investments to traditional markets.

‘Bitcoin Rich List’ Reaches All-Time High, CoinDesk, Aug 25