HODL No More?

According to a new data from Chainalysis, an increasing amount of Bitcoin is being held by individual users, and not the companies or long-term investors, as was implied before.

It’s said that 4.8 mln. Bitcoin (or roughly 32% of the protocol’s cryptocurrency supply) was held in personal wallets on August 31. Being compared to the end of 2017 , when just 3.8 mln. Bitcoin was in the hands of individuals, the growth of the individual’s share in Bitcoin is obvious.

And such technical solutions, like Lightning Network, which is aimed at improving Bitcoin, are playing not the last role in the process.

There is more to it: according to the same Chainalysis, the amount of Bitcoin held by service providers (e.g. exchange platforms) increased by just 93,299, when there was roughly a 1 million Bitcoin added to personal wallets over the same time.

So the market is getting more mature at a fast pace. And whether you’re just getting ready to dive in the crypto world, or already has a real experience in the sphere, you can’t miss the biggest crypto and affiliate conference — CRAC 2018.

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