Bye-bye bear market blues; welcome to the network, Bitcoin (BTC) believers. Over the past week, the number of Bitcoin wallet addresses containing one BTC or more increased by 13,091. The total number of “wholecoiners” surged to 865,254.
The number of whole coiners has rocketed during the downward price action, highlighted by the hockey stick growth on the Glassnode graph:
Since the 10th June the orange line has jumped. Source: Glassnode
Christian Ander, the founder of the Swedish Bitcoin exchange BT.CX told Cointelegraph that “This is good for the ecosystem that it’s growing from the ground up because want the economy to be bottom up.” Ander continued:
“People have a strong belief in the future of the Bitcoin network and the value of the currency.”
Over the past 10 days,