Bitcoin holdings for addresses with over 1 BTC reach record high

The amount of Bitcoin held by addresses with at least one BTC has surpassed 16.8 million BTC, reaching an all-time high, according to on-chain analyst Darkfost. In a post on X, the analyst noted that this investor group has continued to accumulate BTC despite recent price declines, suggesting this could be a sign of Bitcoin's ongoing institutionalization. Darkfost added that on-chain data also shows holdings by retail investor groups are increasing again, indicating that both institutional and retail investors seem to view the current market as a suitable period for accumulation.