What is the Addresses Balance Counts:The number of unique addresses holding a non-zero amount of BTC. Chart displays different holding limits, e.g. the number of unique addresses holding at least 1 BTC.What does it show:Depending on the holding limit the chart shows different HODL behaviors. For example one can see that the number of addresses holding at least 1 BTC has reached new all time highs end of 2022. This is a bullish sign for BTC, as it suggests that small investors are confident in the long-term future of the cryptocurrency.Nevertheless it is important to note, that one person can - and often does - have the ownership about multiple addresses and what looks like accumulation or distribution can as well be contributed to shifting coins across multiple wallets from the same investor.