Ukrainian civil servants together own about 46,351 bitcoin, one-third of which is held by a single city council member, researchers found.
The "Bitcoin Rich List" reached a new high, possibly because of more interest from institutional and high-net-worth investors.
August 2019 was the last time this many bitcoin addresses were in profit.
Based on the rise of daily active bitcoin addresses, the highest number since 2018, interest could continue now that the halving is complete.
Nearly 85% — or 25.79 million — of addresses holding bitcoin are now “in-the-money.”
New data support the idea that small bitcoin investors are multiplying rapidly. Anecdotal evidence suggests much of that growth is happening in the U.S.