The number of bitcoin wallets holding more than $10 million rose above 4,500 this weekend

More than 4,500 bitcoin wallets are holding value in excess of $10 million, data collected by The Block Research shows.

The interactive graph below breaks down the number of bitcoin wallets with a balance of more than $X for different categories, ranging from those above $1,000 to more than $10 million. As the graph lines indicate, bitcoin’s price push above the $20,000 market had a noticeable impact on the data.

Indeed, more than 4.6 million bitcoin wallets were holding more than $1,000 in value as of December 20. Conversely, roughly 271,000 wallets were holding balances in excess of $100,000 of that date.

It should be noted that the number of wallets does not indicate the number of coin holders, as an individual’s holdings — or a business’s holdings — may be spread across many wallets.

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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