Want Another Bitcoin ATH? BTC Active Wallets Surge to New Historical Peak, Rise Similar to 2017

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Fri, 01/08/2021 - 11:35
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Yuri Molchan
Active BTC addresses have reached a new ATH comparable to early 2017, while a popular US football player starts paying attention to Bitcoin
Want Another Bitcoin ATH? BTC Active Wallets Surge to New Historical Peak, Rise Similar to 2017
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Glassnode has shared data about a new all-time high reached by a number of active BTC wallets.

Meanwhile, a popular US football player starts tweeting about Bitcoin, and open interest in Bitcoin soars to a whopping $10 billion.

Glassnode shares data on several new Bitcoin all-time highs

Glassnode analytics agency has published a chart that shows a rise in the number of active Bitcoin wallets to a new ATH that can be compared to early 2017 and 2018.

The chart was shared by Elias Simos, expert at Bison Trails. Now that Bitcoin has breached the $40,000 levelunbelievable back in 2017 and 2018and pulled back just slightly last night, the number of active Bitcoin users has spiked.

BTC
Image via Twitter, Source: Glassnode

The same can be said of other on-chain metrics: the number of BTC exchange inflows and the number of BTC holders, according to data from Glassnode analytics provider.

The number of Bitcoin exchange inflows (1-day MA) has reached an all-time high of $132,812,085.62. This figure is more than two million USD more than the one recorded earlier today.

Also, the number of wallets with more than 10 BTC and 1,000 BTC has surged to new all-time highs.

More positive news has been shared by another popular analytics company: Skew. As per its recent tweet, open interest on Bitcoin options has exceeded an eye-popping $10 billion across multiple exchanges, including CME.

Related
Bitcoin Skyrockets to $41,000, Reaches New All-Time High

Drue Tranquill tweets about Bitcoin, follows its price leaps

Linebacker for the NFL's Los Angeles Chargers, Drue Tranquill, has been tweeting about Bitcoin, watching it climb to the $40,000 level as he posted tweets with the price on his social media page.

BTC
Image via Twitter

The football player has also been following Anthony Pompliano's Bitcoin tweets. Tranquill is not the first celebrity looking up to Pomp when it comes to Bitcoin.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.

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