New data shows that “whole coins” – bitcoin wallets containing 1 BTC or more – now make up 95% of the total cryptocurrency capital. Only 5% of the market value remains, divided into tens of millions of users with balances below 1 BTC.
Since 2009, the total number of allcoiner addresses has grown steadily year after year, despite the astronomical increase in BTC prices. On November 27, Rafael Schultz Kraft, CTO of Glassnode, tweeted a graph showing that there are currently over 800,000 titles containing at least 1 BTC.
According to the Bit Info Charts, the addresses of the entire miner are approximately $ 301 billion dollars in BTC. In contrast, the current total value of the entire coin is less than $ 16 billion.
The line chart shows several bounces in the history of whole coins, with the largest fall occurring in early 2016, when the number of items containing at least 1 BTC fell by 13.5%, from 520,000 to 450,000.
2018 also saw the stagnation of growth for Wholecoiner, with the number of names fluctuating from 720,000 to almost 690,000 during the 12 months from December 2017.
Number of bitcoin wallets that contain at least 1 BTC over time: Glassnode
According to Into The Block, 32.95 million bitcoin addresses currently contain some bitcoin value, indicating that shareholders account for only 0.47% of the wallets that contain bitcoins.