Bitcoin Wallet Addresses in Profits Surge Despite Lower Prices

Despite Bitcoins price remaining substantially lower than its historic peak, an increasing number of wallet addresses are reaping profits. Recent data from the analytics company Glassnode reveals that the number of Bitcoin wallet addresses registering a profit has reached a record-breaking figure. As of October 30, there were 39.1 million Bitcoin addresses in profit, surpassing the previous highest count of 38.1 million from November 2021. Notably, during November of the previous year, the Bitcoin-to-US dollar exchange rate reached its zenith, making every existing Bitcoin address with a...


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