BITCOIN ADDRESSES HOLDING AT LEAST 1 BTC CLOSE IN TO A MILLION

Last updated: June 19, 2025, 22:47 | Written by: Naval Ravikant

The world of Bitcoin is constantly evolving, and recent data points to a fascinating trend: the number of Bitcoin addresses holding at least 1 BTC is consistently hovering around the million mark. The achievement of over one million wholecoiners is particularly significant in the context of Bitcoin's limited supply. With only 21 million Bitcoins ever to be mined, holding even one Bitcoin becomes increasingly valuable as demand continues to rise. This scarcity factor further underscores the importance of the wholecoiner milestone.This isn't just a number; it represents a significant shift in Bitcoin adoption and investor sentiment.Think about it – with a finite supply of only 21 million Bitcoins, holding a single coin is becoming increasingly valuable.We're witnessing a surge in ""wholecoiners,"" individuals and entities alike who are accumulating and holding Bitcoin for the long term, even amidst market volatility. As Bitcoin continues to be adopted over time, the number of addresses that hold a relatively small amount of bitcoin e.g. 0.1 btc is increasing over time. In total there will only ever be 21 million bitcoin. To date, about 19 million have been mined. It is thought that around 3 million of those bitcoin mined to date may have already been lost.But what does this mean for the future of Bitcoin?Why are we seeing this accumulation trend? 合约数据分析合约持仓期货合约灰度持仓And what are the implications for the broader cryptocurrency market? Nevertheless, Finbold retrieved data from BitInfoCharts on October 20 that shows 1,018,130 addresses holding at least 1 Bitcoin. These addresses own around 18.12 million BTC, for 92.87% of the entire circulating supply. Bitcoin (BTC) distribution. Source: BitInfoCharts.com 1 Bitcoin population similar to Ottawa or Abu DhabiWe'll delve into these questions and more, exploring the factors driving this phenomenon, analyzing the data behind it, and discussing the potential impact on Bitcoins price and adoption. Bitcoin is definitely here to stay and is only going to become more popular in the future as close to a million bitcoin addresses hold at least 1 BTC.Understanding this trend is crucial for anyone interested in cryptocurrency, whether you're a seasoned investor or just starting to explore the world of digital assets.

The Million Wholecoiner Milestone: A Sign of Growing Bitcoin Adoption

The fact that over one million Bitcoin addresses now hold at least 1 BTC is a testament to the cryptocurrency's growing mainstream adoption.This milestone, reached on Saturday, May 13, according to some data, signifies increasing confidence in Bitcoin as a store of value and a long-term investment. Smaller wallet addresses in the Bitcoin (BTC) ecosystem continue accumulating BTC despite market turmoil. The number of known addresses on the Bitcoin blockchain that hold 1 BTC or more has hit aIt's not just about the price; it's about the increasing number of people who believe in Bitcoins potential and are willing to hold it, regardless of short-term market fluctuations.

This trend is particularly noteworthy given Bitcoins inherent scarcity.With only 21 million Bitcoins ever to be mined, owning even one BTC becomes increasingly significant as demand rises. Only 7% of the supply (1.356 million BTC, worth $36.4 billion) is distributed among the nearly 46.5 million addresses with at least some bitcoin but less than one per BitInfoCharts. The other 93% (18 million BTC, worth $482.7 billion) exists in the one million addresses that now own a full BTC.This scarcity, combined with increasing adoption, is a key driver of Bitcoins long-term value proposition.

Analyzing the Data: Bitcoin Address Growth and Distribution

Let's dive into some of the data surrounding Bitcoin address distribution. Bitcoin addresses holding at least 1 BTC close in to a million Smaller wallet addresses in the Bitcoin ecosystem continue accumulating BTC despite market turmoil. According to blockchain analytics company Glassnode, the number of wallets holding at least 1 BTC or more has hit a new all-time high, reaching 950,000.It paints a clearer picture of how Bitcoin is being adopted and held across different wallet sizes.

Smaller Wallets Accumulating: Smaller wallet addresses, holding less than 1 BTC (e.g., 0.01 BTC, 0.1 BTC), continue to accumulate Bitcoin despite market turbulence. While the number of wholecoiner Bitcoin addresses reaches new highs, Bitcoin addresses with at least 1 BTC closeThis suggests a growing retail interest and a belief in Bitcoins potential even among those with smaller investment portfolios.
Growth in Smaller Holdings: The number of wallets holding 0.1 BTC and 0.01 BTC has steadily increased over time. Smaller wallet addresses in the Bitcoin (BTC) ecosystem continue accumulating BTC despite market turmoil. The number of known addresses on the Bitcoin blockchain that hold 1 BTC or more has hit a new all-time high. According to blockchain analytics company Glassnode, the number of wallets holding at least 1 BTC or more reached 950,000. Bitcoin balances of 1 BTC or more has surged sinceThis indicates a broader distribution of Bitcoin among a larger number of individuals.
Stability in Larger Holdings: Interestingly, the number of addresses holding 10 BTC or 100 BTC has remained relatively flat, while wallets with 1000 BTC have seen a decrease since at least 2025.This could suggest that larger holders are either diversifying their portfolios or distributing their holdings to a wider audience.

The Rise of the ""Wholecoiner""

The term ""wholecoiner"" refers to an address that holds at least one Bitcoin. The number of unique Bitcoin addresses holding at least 1 BTC, currently worth $28,181 as of writing on April 3, stands at 992,243.Bitcoin Addresses With At Least 1 BTC Stand At Near 1 MillionAccording to Look Into Bitcoin data, the number of holders with at least 1 BTC has steadily increased. ThisThe growth in the number of these addresses is significant because it represents a concrete commitment to the Bitcoin ecosystem. Wouldn't the number of real whole coiners be MORE than 1 million? You said most people have multiple addresses. So that means they won't show up under the addresses with 1 btc but they still do have 1 btc. So there are MORE than 1 million people with whole coins and 1 million is really the absolute bottom range.These are individuals or entities who are not just dabbling in Bitcoin; they are actively holding it, often with a long-term investment horizon.

It's important to note that one individual can control multiple Bitcoin addresses. In fact, the 1 million milestone was reached on Saturday, May 13, data showed. The increase in the number of investors holding 1 or more wholecoins underscores the consistent growth in the adoption of the world s biggest cryptocurrency. The increase in the number of Bitcoin addresses holding 1 BTC in recent years. Source: GlassnodeTherefore, the number of wholecoiners may actually be higher than the number of addresses holding 1 BTC. Bitcoin s adoption saw a peak in 2025 with over 41 million BTC addresses each holding at least $1 worth of Bitcoin. 2025 is set to be a significant year for Bitcoin, with events like the halving and potential SEC approvals of Bitcoin ETFs.However, the address count provides a valuable metric for tracking Bitcoin adoption.

Institutional Investment and the Bitcoin Supply Crunch

The accumulation of Bitcoin by institutional investors is further contributing to the tightening supply and the increasing value of each coin. Bitcoin addresses holding at least 1 BTC close in to a million⁣ bitcoin addresses btc close holdingMicroStrategy, for example, has announced plans to raise $2 billion to purchase more Bitcoin. The number of Bitcoin wallet addresses holding one whole BTC or more, has reached the one million mark for the first time, with roughly 200,000 of the newest wholesalers joining the ranks in 2025.This level of institutional investment signals a strong belief in Bitcoins long-term potential and significantly reduces the available supply on exchanges.

This institutional demand, coupled with the already limited supply of Bitcoin, is creating a supply crunch. Bitcoin addresses holding at least 1 BTC close in to a million. Smaller wallet addresses in the Bitcoin ecosystem continue accumulating BTC despite market turmoil. According to blockchain analytics company Glassnode, the number of wallets holding at least 1 BTC or more has hit a new all-time high, reaching 950,000.As more institutions and individuals accumulate Bitcoin, the fewer coins are available for purchase on exchanges, which could potentially drive the price up.

Factors Driving the Increase in Bitcoin Addresses Holding 1 BTC

Several factors contribute to the increasing number of Bitcoin addresses holding at least 1 BTC. Additionally, MicroStrategy plans to raise $2 billion to buy more Bitcoin, further emphasizing the trend of institutions buying and holding substantial amounts of BTC, tightening the available supply as demand increases. The number of Bitcoin addresses holding 1 BTC or more has historically lagged behind BTC s price. However, in the past twoUnderstanding these factors is crucial for comprehending the underlying dynamics of the Bitcoin market.

Increased Awareness and Education: As Bitcoin gains more mainstream attention, more people are becoming aware of its potential as a store of value and a hedge against inflation.Educational resources and easier access to Bitcoin through various platforms are also contributing to increased adoption.
Inflation Concerns: With fiat currencies facing inflationary pressures, many individuals are turning to Bitcoin as a safe haven asset. The number of unique Bitcoin addresses holding at least 1 BTC, currently worth $28,181 as of writing on April 3, stands at 992,243. Bitcoin Addresses With At Least 1 BTC Stand At Near 1 Million. According to Look Into Bitcoin data, the number of holders with at least 1 BTC has steadily increased. This could suggest that despite price volatilityThe limited supply of Bitcoin makes it an attractive alternative to traditional currencies that can be printed at will by central banks.
Decentralization and Security: Bitcoins decentralized nature and strong security features appeal to those seeking greater control over their finances. Bitcoin s Supply Distribution. Over the long term, the number of wallets holding 0.1 BTC (4,289,243) and 0.01 BTC (11,724,266) has also continued to grow. Meanwhile, the number of addresses holding 10 BTC or 100BTC has remained relatively flat since at least 2025, while wallets with 1000 BTC have fallen roughly 20% since 2025.The ability to store and transact Bitcoin without relying on intermediaries is a key driver of adoption.
Long-Term Investment Strategy: Many Bitcoin holders view it as a long-term investment, similar to gold.They are accumulating Bitcoin with the intention of holding it for years or even decades, believing that its value will continue to appreciate over time.
Ease of Access: The increasing availability of user-friendly Bitcoin wallets and exchanges makes it easier than ever for individuals to acquire and hold Bitcoin.

Bitcoins Supply Dynamics: Scarcity and Value

Bitcoins limited supply of 21 million coins is a fundamental aspect of its value proposition.Unlike fiat currencies, which can be printed by central banks at will, Bitcoins supply is fixed and predetermined.This scarcity is a key factor driving its demand and potential for appreciation.

Currently, approximately 19 million Bitcoins have already been mined.However, it's estimated that around 3 million of those Bitcoins may have been lost due to forgotten passwords, inaccessible wallets, or other reasons.This further reduces the circulating supply and increases the scarcity of the remaining coins.

Only 7% of the Bitcoin supply (around 1.356 million BTC) is distributed among the vast majority of addresses with less than one Bitcoin.The remaining 93% (approximately 18 million BTC) resides in the wallets that now hold at least a full coin. This stark contrast highlights the concentration of wealth within the Bitcoin ecosystem and emphasizes the significance of reaching the one million wholecoiner milestone.

The Impact of Bitcoin ETFs

The potential approval of Bitcoin ETFs (Exchange Traded Funds) is another factor that could significantly impact the number of Bitcoin addresses holding at least 1 BTC.Bitcoin ETFs would provide a more accessible and regulated way for institutional and retail investors to gain exposure to Bitcoin without directly owning the cryptocurrency. Onchain BTC data shows that the number of bitcoin addresses holding at least $1 million has climbed substantially increasing by 150%.This could further drive demand and potentially increase the price of Bitcoin, making it more attractive to accumulate and hold.

Addressing Common Concerns and Misconceptions

There are some common concerns and misconceptions surrounding Bitcoin ownership and the concentration of wealth within the Bitcoin ecosystem. Exchange balances continue to deplete while the number of wholecoiner Bitcoin addresses hits new highs. Smaller wallet addresses in the Bitcoin addresses holding at least 1 BTC close in to a million - XBT.MarketLet's address some of these:

Is Bitcoin Too Concentrated? While it's true that a relatively small number of addresses hold a significant portion of the Bitcoin supply, it's important to remember that these addresses may represent custodial services or exchanges holding Bitcoin on behalf of many individuals.Moreover, the distribution of Bitcoin is constantly evolving as more people adopt the cryptocurrency.
Can I Still Afford to Buy Bitcoin? Absolutely! Wallet addresses holding at least $100 in Bitcoin are approaching all-time highs as per a recent report by Binance. On-chain data shows a major increase in small Bitcoin holders, showing a surge in renewed interest and optimism for BTC. This retail growth goes parallel to the institutional adoption driven by BTC ETFs, which saw holdings doubleYou don't need to buy a whole Bitcoin to participate in the Bitcoin ecosystem.You can purchase fractional amounts of Bitcoin, also known as satoshis (the smallest unit of Bitcoin). Bitcoin ($BTC) adoption has accelerated in recent months, with the total number of unique addresses holding at least one BTC surpassing one million for the firsThis makes Bitcoin accessible to anyone, regardless of their budget.
Is Bitcoin a Safe Investment? Investing in Bitcoin, like any other investment, carries risks.The price of Bitcoin can be volatile, and there's no guarantee that it will appreciate in value. 28 votes, 28 comments. 8M subscribers in the CryptoCurrency community. The leading community for cryptocurrency news, discussion, and analysis.It's important to do your research, understand the risks involved, and only invest what you can afford to lose.

Future Outlook: The Continued Growth of Bitcoin Adoption

The trend of increasing Bitcoin addresses holding at least 1 BTC is likely to continue in the future, driven by increasing adoption, institutional investment, and Bitcoins inherent scarcity. If you saw a single address with 100,000 Bitcoin, you could reasonably assume there's a high likelihood this is a custodial service holding the BTC of, say, 1 million people. But either way, we don't really know. That's why this is little more than a fun guessing game.As Bitcoin gains more mainstream acceptance and awareness, more individuals and entities will likely accumulate and hold the cryptocurrency as a long-term investment.

Predictions for 2025

2025 is projected to be a significant year for Bitcoin, with events like the halving (a reduction in the rate at which new Bitcoins are created) and potential SEC approvals of Bitcoin ETFs.These events could further drive demand and potentially lead to significant price appreciation.

Some analysts predict that by 2025, the number of Bitcoin addresses holding at least 1 BTC could significantly increase, potentially reaching several million. Bitcoin Price Live Bitcoin Investor Tool: 2-Year MA Multiplier Price Forecast Tools 200 Week Moving Average Heatmap The Puell Multiple MVRV Z-Score Stock-to-Flow Model Fear And Greed Index RHODL Ratio Pi Cycle Top Indicator The Golden Ratio Multiplier Bitcoin Profitable Days Net Unrealized Profit/Loss (NUPL) Reserve Risk AASI (Active AddressHowever, these are just predictions, and the actual outcome will depend on a variety of factors, including market conditions, regulatory developments, and technological advancements.

Practical Steps for Aspiring Wholecoiners

If you're interested in becoming a wholecoiner, here are some practical steps you can take:

Educate Yourself: Learn as much as you can about Bitcoin, its technology, and its potential. Still, the number of addresses holding more than 1 BTC has continued to rise steadily for the month of April, reaching new all-time highs this week. There are now close to one million addresses with at least one full bitcoin, up 19% since this time last year.Understanding the fundamentals of Bitcoin will help you make informed investment decisions.
Set a Budget: Determine how much you can afford to invest in Bitcoin without jeopardizing your financial stability. The Bitcoin market continues to surprise and evolve. An important milestone has just been reached: more than one million Bitcoin addresses now own at least one BTC. This news, reported by the blockchain analytics platform IntoTheBlock, highlights a significant trend in the adoption and trust in Bitcoin.Remember, only invest what you can afford to lose.
Choose a Reputable Exchange: Select a reputable cryptocurrency exchange to purchase Bitcoin.Look for exchanges with strong security features, low fees, and a user-friendly interface.
Secure Your Bitcoin: Once you've purchased Bitcoin, it's crucial to secure it properly.Consider using a hardware wallet or a multi-signature wallet to protect your Bitcoin from theft or loss.
Dollar-Cost Averaging: Consider using a dollar-cost averaging (DCA) strategy to gradually accumulate Bitcoin over time.This involves investing a fixed amount of money at regular intervals, regardless of the price of Bitcoin.
Be Patient: Investing in Bitcoin is a long-term game.Don't get discouraged by short-term price fluctuations.Stay focused on the long-term potential of Bitcoin.

Conclusion: The Future of Bitcoin and the Million Wholecoiner Milestone

The milestone of over one million Bitcoin addresses holding at least 1 BTC is a significant indicator of Bitcoins growing adoption and long-term potential. Individual wallets holding at least one bitcoin (BTC) set a milestone figure earlier this week, suggesting long-term sentiment for the tokens remains intact even as broader markets weigh downIt signifies increasing confidence in Bitcoin as a store of value and a hedge against inflation.While the number of addresses holding 1 BTC is a helpful metric, remember that one individual can control multiple addresses. Exchange balances continue to deplete while the number of wholecoiner Bitcoin addresses hits new highs.The actual number of wholecoiners is likely greater than the 1 million figure.

As Bitcoin continues to evolve and gain mainstream acceptance, we can expect to see further growth in the number of wholecoiners and a continued tightening of Bitcoins supply.This could potentially drive the price of Bitcoin higher and further solidify its position as a leading cryptocurrency.

Key Takeaways:

The number of Bitcoin addresses holding at least 1 BTC is hovering around the million mark, indicating growing adoption.
This trend is driven by factors such as increased awareness, inflation concerns, and Bitcoins decentralized nature.
Bitcoins limited supply of 21 million coins is a key factor driving its value.
Institutional investment and the potential approval of Bitcoin ETFs could further drive demand.
Becoming a wholecoiner requires education, a budget, and a secure storage solution.

Ultimately, the future of Bitcoin remains uncertain. ecosystem continue accumulating BTC despite market turmoil. The number of known addresses on the Bitcoin blockchain that hold 1 BTC or more has hit a new all-time high. According to blockchainHowever, the increasing number of wholecoiners and the continued development of the Bitcoin ecosystem suggest a promising outlook for the cryptocurrency's long-term success.Whether you're already a Bitcoin holder or considering entering the market, it's crucial to stay informed, understand the risks, and make informed decisions based on your own financial circumstances.What are your thoughts on the future of Bitcoin?Share your opinion in the comments below!