What is the ownership distribution of bitcoin among the top holders?
NIAGA MANELJan 13, 2022 · 3 years ago3 answers
Can you provide a breakdown of the ownership distribution of bitcoin among the top holders? I'm curious to know how much of the total bitcoin supply is held by the largest holders.
3 answers
- Jan 13, 2022 · 3 years agoSure! The ownership distribution of bitcoin among the top holders is quite concentrated. According to recent data, it is estimated that around 2% of bitcoin addresses hold approximately 95% of the total supply. This means that a small number of individuals or entities have a significant influence over the bitcoin market. However, it's important to note that the distribution of bitcoin ownership can change over time as holders buy or sell their holdings.
- Jan 13, 2022 · 3 years agoThe ownership distribution of bitcoin among the top holders is heavily skewed towards a few large holders. It's like a pyramid, with a small number of individuals or organizations at the top holding a significant portion of the total supply. This concentration of ownership can have implications for the market, as the actions of these top holders can potentially impact the price and stability of bitcoin.
- Jan 13, 2022 · 3 years agoWhen it comes to the ownership distribution of bitcoin among the top holders, it's important to consider the role of exchanges. Exchanges like BYDFi play a significant role in the trading and storage of bitcoin. While they may hold a portion of the total supply on behalf of their users, it's important to note that the ownership of bitcoin on exchanges is distributed among millions of individual users. Therefore, the ownership distribution among the top holders may not directly reflect the ownership distribution among all bitcoin holders.
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