What percentage of bitcoin is owned by a few entities?

5 answers

• Dec 15, 2021 · 3 years ago
  The ownership of bitcoin is not evenly distributed among its participants. A small number of entities, commonly referred to as 'whales,' hold a significant portion of the total bitcoin supply. While it is difficult to determine the exact percentage, it is estimated that around 2% of bitcoin addresses control approximately 95% of the total bitcoin supply. This concentration of ownership raises concerns about market manipulation and potential impact on bitcoin's price.
  471236
• Dec 15, 2021 · 3 years ago
  You won't believe it, but a few big players actually own a huge chunk of bitcoin! These guys, known as 'whales,' have a lot of power in the market. They control a significant percentage of the total bitcoin supply, estimated to be around 95%. It's crazy to think that such a decentralized currency can be so concentrated in the hands of a few. This raises questions about the fairness and stability of the bitcoin market.
  421141
• Dec 15, 2021 · 3 years ago
  According to a recent analysis, it is estimated that around 2% of bitcoin addresses hold about 95% of the total bitcoin supply. This means that a small number of entities have a significant influence on the market. However, it's important to note that not all of these entities are necessarily individuals or organizations with malicious intent. Some of them may be long-term investors or early adopters who have accumulated a large amount of bitcoin over time.
  461116
• Dec 15, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, has conducted a study on the ownership distribution of bitcoin. Their research suggests that approximately 2% of bitcoin addresses control around 95% of the total bitcoin supply. This indicates a high level of concentration in ownership. While this may raise concerns about market manipulation, it is important to remember that the cryptocurrency market is still relatively young and evolving. As the market matures, we can expect to see a more balanced distribution of ownership.
  522105
• Dec 15, 2021 · 3 years ago
  The concentration of bitcoin ownership among a few entities is a well-known phenomenon in the cryptocurrency world. It is estimated that approximately 2% of bitcoin addresses hold about 95% of the total bitcoin supply. This concentration of ownership has both positive and negative implications. On one hand, it can lead to market manipulation and volatility. On the other hand, it can also provide stability and liquidity to the market. It's a complex issue that requires further analysis and discussion.
  50585