Small Bitcoin Holder Addresses Reach Record High While HTX Exchange Reinstates BTC Services

By: Isha Das

Quick Take

A recent surge has been noted in the Bitcoin (BTC) ecosystem, particularly in the rise of Plankton Cohort addresses (holding less than 0.01 BTC). The count of these addresses is at an all-time high of 37.5 million, signifying a widening user base, along with a notable 30-day change in address count which surged by 1.6 million. Additionally, there has been a significant increase in the total number of unique addresses that hold non-zero BTC balance, surpassing the 50 million milestone.

In related news, Crypto exchange HTX, previously known as Huobi, which recently faced a $30 million exploit, has resumed Bitcoin deposits and withdrawals. The event marked one of the four hacks for Sun-linked crypto platforms in as many months. Functionality for other cryptocurrencies is expected to be gradually reinstated with full services planned to return by next week, as stated by prominent crypto influencer and businessman, Justin Sun.