100+ BTC club drops to a 5-year low

Bitcoiners are taking profits and Ethereum's transaction volume is catching up with the King's.

Dear Crypto Asset Investors,

In response to Bitcoin’s break above $10k, the amount of addresses holding more than 100 BTC (~$1,120,000 at the time of writing) has dropped sharply over the past 7 days and is currently sitting at a 5-year low 15,912.

In the last week alone, the 100 BTC club has shrunk by 75 addresses, dropping to its lowest level since Marc…