The Psychology of the Bitcoin Wholecoiner: FOMO or HODL?
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- Over one million wallet addresses hold more than one Bitcoin.
- The number increased steadily amid Bitcoin’s volatility and price fluctuations.
- An increasing number of BTC holders underlines the digital asset’s robustness.
The number of Bitcoin holders owning one or more whole Bitcoins has surpassed one million, according to analytics platform IntoTheBlock, demonstrating the growing mainstream acceptance of Bitcoin.
This chart shows the number of addresses holding more than 1 Bitcoin.
— IntoTheBlock (@intotheblock) June 27, 2024There are currently over 1 million wholecoiners
There is a clear long-term trend, as more and more people aim to achieve wholecoiner status. pic.twitter.com/QrZgbRGgc7
A data chart attached to IntoTheBlock’s post illustrated that exactly 1,010,777 addresses hold more than one Bitcoin as of the time of the post. The chart also reflected the growing trend of whole Bitcoin holders, showing how the number has increased over the years despite Bitcoin’s volatility and significant price fluctuations.
An examination of the long-term Bitcoin accumulation trend reveals a steady rise in the number of addresses holding Bitcoin. Notably, the …
The post The Psychology of the Bitcoin Wholecoiner: FOMO or HODL? appeared first on Coin Edition.
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