What is the total value of bitcoins owned by the largest holders?

3 answers

• GraeciaNRMar 10, 2023 · 2 years ago
  The total value of bitcoins owned by the largest holders is a topic of great interest in the cryptocurrency community. While it's difficult to determine the exact amount, it is estimated that a small number of individuals or entities hold a significant portion of the total bitcoin supply. These large holders, often referred to as 'whales,' have the potential to influence the market due to their substantial holdings. However, it's important to note that the decentralized nature of bitcoin ensures that no single entity has complete control over the market.
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• Jarvis BekkerMar 26, 2024 · a year ago
  Ah, the total value of bitcoins owned by the big shots! It's quite a hot topic, my friend. You see, there are these whales in the crypto world who hold a massive amount of bitcoin. They're like the big fish in a small pond, you know? While it's hard to pinpoint the exact numbers, it's safe to say that these whales have a significant impact on the market. Some estimates suggest that the top 1% of bitcoin addresses hold around 80% of the total supply. So, yeah, they definitely have some serious clout!
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• Melle HerlaarJun 20, 2022 · 3 years ago
  When it comes to the total value of bitcoins owned by the largest holders, it's a bit of a mystery. However, according to a recent report by BYDFi, a prominent cryptocurrency exchange, the top 100 bitcoin addresses hold approximately 20% of the total supply. These addresses are often associated with early adopters, investors, and institutional players. While this concentration of wealth may raise concerns about market manipulation, it's worth noting that bitcoin's decentralized nature helps mitigate such risks.
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