1% of wallets hold 55% of the world’s Bitcoin

2018-9-18 14:42

More than half of the entire Bitcoin circulating supply is controlled by cryptocurrency whales, and 42 percent of them didn’t sell during peak crypto-mania. Blockchain research unit Diar has put together some interesting data that suggests less than 1 percent of all wallet addresses control $100 billion in Bitcoin.

In fact, more than half of Bitcoin’s circulating supply is controlled by wallets with balances exceeding 200 BTC ($1. 25 million). Even further – it appears that a third of all Bitcoin held by whales has never been used for outgoing transactions (meaning the whales never moved it out of their wallets…

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‘HODLers Be HODLing’: 55% Of Bitcoin Sits in Multimillion Dollar Wallets

Over half the Bitcoin supply sits in wallets holding over 200 coins ($1. 25 million), indicating faith among major bagholders remains, new research released September 17 suggests. Diar: Investors ‘Keeping The Faith’ The data, compiled by cryptocurrency market research newsletter Diar in its latest weekly edition, echoes similar findings from industry researchers appearing throughout 2018.

2018-9-18 19:00