Retail could be right around the corner: New Bitcoin wallet addresses shot up by almost one million in November.
Could retail investors be flocking back to Bitcoin (BTC)? In encouraging signs for a bullish 2022, Glassnode data reveals that 913,000 new BTC addresses were added from November to the start of December this year. In a boon for BTC, on-chain analyst On-Chain College shared insightful data regarding retail adoption and the potential beginnings of broader adoption trends. The key takeaway to round off the year is that up to one million new entrants joined the Bitcoin network in November. Despite bearish price action in the short term, the Twitter flood shows that the macro outlook for BTC remains sound. According to the chart, from June 2020 to December 2021, the number of wallet addresses with a balance greater than zero has trended up from 30 million wallets to a touching distance of 40 million. Glassnode describ
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