The biggest and costliest cryptocurrency in the world, Bitcoin, has made a significant comeback this year. 

In June, Bitcoin’s price surpassed $31,300 due to the rekindled institutional interest in cryptocurrencies, which drove it to a new 12-month high. 

Even while BTC gave up some of its gains in the final week of the month, it still ended the first half of 2023 with a remarkable 85 per cent rise, placing it third among other cryptocurrencies in terms of performance. Investors in BTC have vastly increased as well.

The number of unique addresses holding more than one bitcoin has reached more than one million for the first time, according to data provided by BitcoinCasinos.com.

Data from the crypto analytics platform Glassnode shows that institutional and retail investors looking for a larger investment chunk have found Bitcoin’s stellar performance in the first half of the year to be more than interesting.

There were 3.67 million distinct addresses with more than or equal to 0.1 BTC in July last year. This number has since increased by 20 per cent, reaching an all-time high of 4.41 million.

Record highs were also reached for the number of wallets containing at least one Bitcoin, which was worth around $30,300 as of last week. 

According to statistics, the number of investors increased by 133,000 or 15 per cent year over year, reaching 1.09 million on July 15—the largest figure ever.

According to Glassnode data, 156,600 investors now have more than 10 Bitcoins in their wallets, five per cent more than they had in the same month last year. 

The number of cryptocurrency investors with a mind-blowing 10,000 Bitcoins in their wallets has increased by 14 per cent YoY to 111. Only the unique addresses with a balance of 1,000 BTC or more experienced a reduction in July, with their number falling by eight per cent to 2,015.

According to the Glassnode data, this year has seen an increase in active Bitcoin addresses. The number of active addresses sending or receiving BTC on the network on any given day has climbed by 15 per cent or 2.18 million since July 2022, hitting 17.6 million last month.

Despite resistance from US governmental bodies, the number of non-zero Bitcoin addresses reached an all-time high. 

The overall number of addresses with non-zero balances was 42.2 million in July of last year; today, that number has increased to nearly 47.3 million, a significant 5.1 million rise from the previous year.