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Share of Profitable Ethereum Addresses Exceeds Total Number of Bitcoin Holders

ByLouis Adams

Feb 17, 2022 #Bitcoin, #Ether
Reading time: < 1 minute

Last night, Ethereum (ETH) was trading at $3,000, however, against the backdrop of a market correction, the altcoin may fall below this psychological mark again in the near future.

Nevertheless, the accumulation of ETH continues. The number of addresses with a non-zero balance set a new record (75.224 million).

A surge in cryptocurrency accumulation was observed in the second half of last year. In total, from January to December, 18.36 million new Ethereum wallets with different amounts of cryptocurrency were registered on the network.

Interesting data is provided by the IntoTheBlock team. Its report states there are now 52.6 million profitable addresses on the Ethereum network. This is even higher than the total number of Bitcoin holders (39.38 million).