Despite bear market, Bitcoin holders are on the rise

According to IntoTheBlock, the number of Bitcoin holders has been growing in the bear market. Over 42 million addresses are currently holding BTC, 4.5 milion more than a year ago.

Regarding types of investors, the data shows that “Hodlers” – addresses that have held their coins for beyond 1 year – are the most common, numbering 29.78 million. “Cruisers” (1-12 month addresses) are at 14.85 million, while the remaining 2.33 million addresses are “Traders” (1 month or less).