We’ve hit peak ‘wholecoiners’, and it’s a good thing for today’s Bitcoin investors

Published by
City AM

By Darren Parkin The number of investors holding at least one whole Bitcoin is now at an all-time high, according to new figures, and this trend is going to be a long-term price driver for the world’s largest cryptocurrency. Recent data from Glassnode confirms that the number of so-called ‘wholecoiners’ is at a record high, with more than one million entities now owning a whole Bitcoin, rather than a fraction of one. This represents a jump of 20% in one year. The research suggests that smaller crypto market investors used the crypto bear market of 2022, as well as this year’s mini price dips t…

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