Bitcoin

Number Of Addresses With Over 1K Bitcoin Reaches 4-Month High

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The number of addresses holding more than 1,000 Bitcoin surged to a four-month high in April, according to data from on-chain intelligence platform Glassnode.

The number of wallets holding over 1,000 BTC has risen from 2,037 in late February to a high of 2,107 on April 15, data from Glassnode shows.

Number Of Bitcoin Wallets Holding Over 1,000 BTC Reaches US Election Levels

Following the uptick in April, the number of new wallets holding over 1,000 BTC has returned to levels not seen since November and December last year, when the crypto markets were surging off of Trump’s US election win. The metric is still down from its all-time high (ATH) of just under 2,500, which was reached in February 2021.

Similarly, there has also been an increase in the number of wallets holding over 100 BTC. Glassnode data shows the number of these wallets reached 18,026 on April 20. However, the number of holders with less than 10 Bitcoins has seen a decline in recent months.

Pseudonymous crypto trader and analyst Mister Crypto suggested in an X post yesterday that the recent whale accumulation could be a precursor to a big move, adding that these large investors tend to “know what comes next.”

Robert Kiyosaki Predicts Bitcoin Will Hit $180K-$200K In 2025

As whales double down on BTC, several market observers have predicted a Bitcoin price rally. Among them is Rich Dad Poor Dad author Robert Kiyosaki, who told his over 2.7 million X followers in an April 20 post that he strongly believes BTC will reach “$180k to $200k in 2025.”

Kiyosaki’s prediction comes as the largest crypto by market cap jumped over 3% in the last 24 hours. As a result, BTC was able to rise from a 24-hour low of $83,976.85 to above $87k to trade at $87,515.53 as of 2:42 a.m. EST, according to CoinMarketCap data.

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