Born with the mission of removing all financial barriers in the world, Bitcoin is still doing its job well, although many times the price witnessed a decline so many people thought this currency and the market. Cryptocurrencies are on the verge of collapse. However, with a limit of only 21 million BTC, only those who come early can keep themselves a significant portion of BTC.
Data provided by BitInforCharts Recently provided an overview of how Bitcoin in the market is being stored. Surely many figures will surprise you.
Only 2% of wallet addresses have more than 1 BTC
As shown in the table above, there are 633,008 addresses with at least 1 BTC (total of 1.68 million coins), accounting for 2.18% of the total number of existing addresses. However, no one stipulates that a person can only create 1 wallet address, and at the same time, the numbers in the table will be very easily misunderstood if only glimpse. Therefore, we will have to dig deeper to get the actual scope.
As mentioned, figuring out the owner from the wallet address number is unthinkable. For example, one person can hold 0.8 BTC in one wallet and 0.2 in another wallet or hold 0.1 BTC each in 10 different wallets. In these cases, the addresses will have less than 1 BTC, so they will be displayed in the other rows of the distribution table - the addresses that we initially ignored. Counting at least 1BTC holders in practice will be much more difficult.
There is also one more case. That's when we take the case of trust funds investing cryptocurrencies. For example, a wallet containing 10 BTC is contributed by 20 people, for example, in which case we cannot count as eligible in this article as "owning at least 1 BTC".
So it turns out this statistic is useless? Of course not, the numbers in this table can give us a basic view of the BTC distribution in the current cryptocurrency market. From this, we can generally infer that there are 500,000 to 800,000 individuals who own more than 1 BTC.
But wait, what about the amount of Bitcoin lost?
Yes - we should not ignore this aspect. If an investor puts a BTC in a wallet and loses a password in an accident, of course, we cannot count on the above criteria. As previously reported, we mentioned that about 4 million BTC have been lost forever, i.e. 23% of all Bitcoin has been mined up to now.
Therefore, if we make the calculation a little more generous, we can estimate that the number of individuals owning more than 1 BTC will range from 400,000 to 700,000 people.
If all holders of more than 1 BTC live in a community, they will form a city with the same population as Sevilla, Spain (688,711) Palermo, Italy (676,118) Stuttgart, Germany (634,830) Glasgow , Scotland (626.41) or Las Vegas, United States (583,756), or equal to the 1 county population of Ho Chi Minh City.
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According to Coin68 / Bitcoinist