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What percentage of bitcoin is owned by whales

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Current Distribution and Market Behavior As of mid-2023, addresses controlled by Bitcoin whales have seen a slight decrease in their share of the circulating Bitcoin supply, moving from 41.3% at the start of the year to 40.4%.

Who owns most of Bitcoin?

Satoshi Nakamoto According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2023. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

Is Bitcoin controlled by whales?

Bitcoin's (BTC) onchain activity suggests whales, or investors with ample capital supply and the ability to influence market trends, have been active during the cryptocurrency's recent move above $35,000.

Who actually owns Bitcoin?

Bitcoin remains open-source, meaning that no one has the power to own or control it in its entirety. Its design is public and it is open for anyone to participate. Bitcoin was a response to the Great Financial Crisis, which showed that even the world's biggest banks can fail.

How much Bitcoin does Elon Musk own?

Revealed on Twitter that he owns only a tiny fraction of one bitcoin token. "I literally own zero cryptocurrency, apart from . 25 BTC that a friend sent me many years ago," Musk confessed.

What percentage owns Bitcoin?

How Many People Actually Use Bitcoin? Key Stats
FigureFindings
Number of Global Crypto Owners420 million
Number of Global Bitcoin Owners219 million
Percentage of Global Bitcoin Owners2.74%
Number of US-Based Crypto Owners67 million

How much Bitcoin does Tesla own?

Tesla still has the third-largest bitcoin holdings for a publicly traded company, estimated at 9,720 bitcoin, according to bitcointreasury.net. Its holding is only overshadowed by the BTC that Michael Saylor's MicroStrategy (MSTR) and bitcoin miner Marathon Digital Holdings (MARA) own.

Frequently Asked Questions

Who is the biggest shareholder of Bitcoin?

Satoshi Nakamoto According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2023. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

Where do Bitcoin whales store their Bitcoin?

Long-Term Holding: Many crypto whales are known for their long-term holding strategy. They choose to store their Bitcoin in wallets and not actively trade or sell it. This strategy has allowed them to benefit from the cryptocurrency's appreciation over time.

FAQ

Are the Bitcoin whales 1000 people who own 40 percent of the market?
About 40 percent of bitcoin is held by perhaps 1,000 users; at current prices, each may want to sell about half of his or her holdings, says Aaron Brown, former managing director and head of financial markets research at AQR Capital Management. (Brown is a contributor to the Bloomberg Prophets online column.)
Who owns majority of Bitcoin?
Satoshi Nakamoto Satoshi Nakamoto (~1.1 million BTC) It's unsurprising that the pseudonymous creator of Bitcoin, Satoshi Nakamoto, remains the largest holder of the cryptocurrency.