- The number of Ethereum addresses holding one of more ETH has hit new highs.
- Metrics site Glassnode puts the figure at 1,175,681.
- The number has been on the up this year—but still hasn’t increased like it did during the 2017/2018 bull run.
The number of Ethereum addresses holding at least one ETH ($593) has again hit an all-time high. Data released today by metrics site Glassnode showed that the figure now stands at 1,175,681.
Why? Because the price of Ethereum has soared this year and mania around the asset is increasing. It is also the platform most decentralized finance products are built on—and 2020 has been the year of DeFi.
Previous ATH of 1,175,651 was observed earlier today
— glassnode alerts (@glassnodealerts) December 5, 2020
The number of Ethereum addresses holding at least one ETH has slowly been on the up this year.
In January, the figure stood at 972,924. By June, when DeFi was well and truly exploding, it had passed 1 million.