en.bitcoinsistemi.com
Cryptocurrency analytics firm Santiment has shared updated data on the number of holders of leading crypto assets at a time when crypto markets are experiencing a bullish rally. The data suggests that investor interest continues to grow over time.
The Bitcoin price managed to surpass $108,000 again today, approaching its all-time high price level record.
According to the evaluation published by Santiment, the cryptocurrency with the largest number of wallets was Ethereum ($ETH). The total number of $ETH owners was recorded as 148.38 million. It is followed by Bitcoin (BTC) with 55.39 million wallets.
Other notable altcoins and their number of owners are listed as follows:
- Dogecoin (DOGE): 7.97 million
- Tether (USDT): 7.79 million
- $XRP ($XRP): 6.53 million
- Cardano (ADA): 4.49 million
- USD Coin (USDC): 3.30 million
- Chainlink (LINK): 766 thousand
One reason why there are so many wallets holding Ethereum is that the gas fee required to move all Ethereum-based cryptocurrencies on-chain can be covered by paying just $ETH, meaning many wallets hold at least enough $ETH to cover the gas fees.
*This is not investment advice.