#NewHighOfProfitableBTCWallets #NewHighOfProfitableBTCWallets 🚀 has reached a new record! About 98% of Bitcoin (BTC) wallets are now in profit, with nearly 40 million profitable addresses. The current price of Bitcoin is around $111,300, up 3.38% in the last 24 hours ¹.
*Supporting Factors:*
- *Institutional Adoption*: Institutional investment is increasing, with Bitcoin spot ETFs attracting $10.2 billion.
- *Regulation*: Pro-crypto policies from Trump and CFTC guidance are boosting confidence.
- *Network*: 475 million addresses created, 70 million with at least $1.
*Wallet Distribution:*
- *Top 100 Wallets*: Hold 2.9 million BTC (14.7% of supply).
- *Mid-Tier (100-1,000 BTC)*: Increased from 3.9 million to 4.76 million BTC.
- *Millionaire Wallets*: 182,327, up 17.2% from 2024 ² ³.
*Analysis:*
- Market sentiment is positive, long-term HODLers.
- Potential profit-taking, support at $105,000-$110,000.
- Prediction: $115,000-$200,000 (2025) ¹ ².
$pippin
