November 2020

Fewer and fewer Bitcoin wallets hold less than 1 BTC

Fewer and fewer Bitcoin wallets hold less than 1 BTC Only 5 percent of Bitcoin’s market capitalisation is now distributed among wallets holding less than 1 BTC. New data show that Bitcoin wallets holding more than 1 BTC, so-called „Wholecoiners“, now account for 95% of Bitcoin’s total market capitalisation. This means that less than 5% is now spread over a broad mass of crypto investors holding less than 1 BTC.