watch
Bitcoin Ownership Distribution Highlights the Concentration in Small Wallets
The distribution of Bitcoin ownership shows that a significant majority of wallets, 76.83%, contain less than $1,000 worth of BTC. Approximately 21.22% of wallets hold between $1,000 and $100,000. Only 1.95% of wallets hold over $100,000, and merely 1.25% are classified as true whales, holding substantial amounts of Bitcoin.
Source available for registered users Sign Up Free
AI Analysis
The ownership pyramid of Bitcoin delineates a clear stratification of wallet sizes, emphasizing a broad base of small holders. The fact that over three-quarters of wallets have less than $1,000 worth ...
AI Recommendation
Investors should remain aware that Bitcoin's ownership distribution is highly skewed towards smaller wallets, indicating a retail-driven market. This makes Bitcoin susceptible to volatility that is la...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.