As you can see over 95 of all bitcoins in circulation are owned by about 4 of the market. Published on november 18 2020 12 48.
Although 1 of the wealthiest population still owns almost half of the world s assets.
Bitcoin ownership distribution 2020. Examining the bitcoin cumulative distribution the richest 30 of all bitcoin owners own 98 3 of all bitcoins. In the end bitcoin still appears to be the domain of the big fish. Bitcoin is the best performing mainstream asset in 2020 next to stocks gold and anything else.
A very strong bull market is expected following this event based on what happened. In fact 1 of the addresses control half the entire market. There are a couple limitations in our data.
Over the past 20 years this indicator has improved worldwide from 91 9 to 88 5 which represents a gradual progress towards a more honest economy. Croesus croesus btc june 11 2020. Croesus says that bitcoin has a current market penetration of 10 million users based on the number of addresses holding less than 1 000 worth of btc and including balances in crypto exchanges as well as ownership of bitcoin derivatives.
So the poorest 70 of bitcoin owners own less than 1 7 of all bitcoin. Nearly 99 of bitcoin ownership has been profitable data reveals. 70 of bitcoin addresses have less than 0 01 bitcoin in them according to bitinfocharts.
First input last input number of inputs first output last output number of outputs balance. The uneven distribution of wealth is calculated using the gini coefficient. Top 100 richest bitcoin addresses.
The pseudonymous analyst assumes that bitcoin has a total addressable market of 2 2 billion users based on the number of individuals in the world with a net worth of at least 10 000. The year 2020 is a special year for bitcoin as in may the third halving in the history of bitcoin will take place. Most importantly each address can represent more than one individual person.
But according to new data owning the top crypto asset by market cap at any point in nearly 99 of its existence would have resulted in profitability. The price of bitcoin has increased by 56 since january according to cryptocurrency data site messari reaching its high for the year 11 809 earlier this month before dropping slightly to.