Bitcoin Moving from Whales to People’s Hands since $10,000 was First Hit in November 2017


  • Addresses that own more than $10, $100, $1,000, and $10,000 increases 9 to 33%
  • The hoarders with over $1 million worth of BTC has taken a drop of 11 percent
  • Crypto awareness and adoption led to the uptick in addresses during the crypto winter and now crypto spring.

Bitcoin has finally smashed through $10,000 level yesterday, a level that is supposed to trigger FOMO and take BTC to new highs.

Currently, BTC/USD is trading at $10,780 with 24 hours gains of 10.90 percent while managing a strong volume of $2.35 billion, according to Messari’s Real 10, 24 hours volume.

The level we climbed to yesterday was first hit in November 2017 during the bull run of 2017. During this year and a half, the most interesting development registered by the leading cryptocurrency is the dispersion of Bitcoins from the one percenters to the masses.

If we take a look at the addresses that own Bitcoin, those addresses that have more than $1 of Bitcoin have risen 19 percent while those that have over $1 million worth of Bitcoin have dropped 11 percent.

An increase in the percentage of Bitcoin accumulation has been seen by those addresses that own more than $10, $100, $1,000, and $10,000, while addresses that own over $100k Bitcoin has dropped down by just 1 percent.

The big whales that amounts to about 18,000 are now left 16,000 while more than 19 million people are in the know about Bitcoin and cryptocurrencies.

The interesting part of this is that people actually bought the drop in 2018 which saw Bitcoin crashing down and losing about 85 percent of its value, landing at $3,150

Despite the brutal winter, people accumulated Bitcoin in expectation of upcoming bull cycle just like the previous three ones that would take it to an all-time high and further the market capitalization to skyrocket to as high as a whopping trillion dollar.

Crypto awareness and adoption is certainly the reason behind these significant upticks of 23 to 33 percent we saw in $10+ to $1000+ worth of Bitcoin.

Overall, this is a good sign that people continue to stock up on Bitcoin not only during the crypto winter but also the crypto spring we have been experiencing in 2019. Now, as experts are calling out we would be entering crypto summer and things are about to get even crazier.

Bitcoin’s price is $56,289.59 BTC/USD exchange rate today. The real-time BTC market cap of $1.05 Trillion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $28.29 Billion and live coin value change of BTC -2.41 in the last 24 hours.

Live Bitcoin (BTC) Price:

1 BTC/USD =$56,289.5932 change ~ -2.41%

Coin Market Cap

$1.05 Trillion

24 Hour Volume

$28.29 Billion

24 Hour VWAP

$55.94 K

24 Hour Change

$-1,354.49

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