How much Bitcoin does the average whale hold?
Bitcoin addresses with balances between 1,000 and 10,000 BTC hold the largest share, 24.17%, of the total BTC supply.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin addresses with balances between 1,000 and 10,000 BTC hold the largest share, 24.17%, of the total BTC supply.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
3 countries control 66% of Bitcoin mining, but 1 rival is gaining
Bitcoin's estimated US mining footprint shrank as Russia's grew, with little change in top-three country concentration. Hashrate I...
Ethereum’s proposed 3x ETF could reach CME’s futures threshold with just $362 million
At ETHU's Oct. 6 disclosed futures valuation, a 3x Ethereum ETF with $362.1 million in assets would target about $1.09 billion of...
Bitcoin Price Could Reverse Following Tech Stocks, Peter Schiff Says
Strategy bought 334 BTC for about $28.7 million and repurchased $176 million of STRC in its latest disclosure, even as Peter Schif...
Bitcoin treasury Strive risks cash reserve to fund $500M buyback and trim dividends
Bitcoin treasury company Strive disclosed an optional program to repurchase up to $500 million of its variable-rate perpetual pref...
Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges
Bitcoin Magazine Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges Payment volume processed on crypto ca...
Genius Group Restarts Bitcoin Buying With 10 BTC Purchase
TL;DR Genius Group has restarted Bitcoin purchases, buying 10 BTC for approximately $854,000. The company paid an average of $85,3...