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Bitcoin Boom: Over 1 Million Addresses Now Own 1 BTC

In a significant milestone on the cryptocurrency market, the number of $Bitcoin(BTC.CC)$ addresses holding more than one BTC has surpassed one million.
According to a recent report by IntoTheBlock, there are currently 1,010,777 such addresses, marking a notable achievement in the Bitcoin ecosystem.
What this implies
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.
Bitcoin has fallen roughly 17% since reaching an all-time high of nearly $74,000 in mid-March on rising optimism about the approval of U.S. exchange-traded funds to directly hold the original cryptocurrency.
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