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Chainalysis: Over 400 million wallets currently hold cryptocurrencies, up more than 4 times from 2020

According to a report recently released by Chainalysis, there are currently more than 400 million wallet addresses holding cryptocurrencies. Although the number of wallets is not equivalent to the number of users due to institutions and individuals managing multiple wallets, the large increase in wallet addresses indicates that the adoption of cryptocurrencies is growing steadily. According to the report chart, the number of wallet addresses holding cryptocurrencies has increased by more than 4 times since 2020.