Bitcoin Addresses Holding Less Than 1 BTC Expected To Rise

According to Odaily, CryptoQuant analyst Axel Adler recently shared insights on X, highlighting a significant trend in Bitcoin ownership. Currently, the average number of addresses holding less than one Bitcoin stands at 323,000. This increase began when Bitcoin's price was at $61,000, with such addresses numbering 265,000 at that time. Since then, there has been a 21.9% rise in these addresses. Despite being labeled as 'shrimps,' these holders demonstrate strong confidence in Bitcoin's growth, continuing to accumulate the cryptocurrency even at current price levels. The ongoing trend suggests that the number of these addresses is expected to further increase, potentially reaching 351,000 in the near future.