Nov 23, 2021 • 3M

Small Bitcoin Addresses Hit All-Time High And Fees Hit Multi-Year Low

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Anthony Pompliano
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To investors,

The bitcoin network hit a new all-time high yesterday when looking at the number of bitcoin addresses on-chain that hold at least 0.01 bitcoin balance. This new all-time high came in at 9,245,770 bitcoin addresses that meet the criteria.

So why exactly is this a big deal?

Bitcoin price has been falling from approximately $69,000 to under $58…

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