Wallets with a balance of >.01 & >0.1 $BTC have steadily grown over the past year.
Each category has grown by about a million addresses over the last year's bear market.
There are two likely scenarios for this growth:
- People continue to stay humble and stack sats. Crossing over the above thresholds.
- Ordinals have created a micro-circular economy on Bitcoin. Through speculative art, BRC20, and rare sat trading. 1 sat no longer equals 1 sat.
All of this is good as it's pulling liquidity from other chains and fiat into #Bitcoin.
Twitter Link with associated chart:
https://x.com/JakeBlockchain/status/1735729252153299154?s=20