62 billion dollars in bitcoins focused on one percent of the purses. How did this happen?
Source:
Fresh study addresses shows that 1 percent of the addresses in the network accounts for about 62 billion dollars. Thus, according to the state publication China's National Business Daily, the richest addresses belong to cryptomeria. The report provides data BTC.com which by 22.65 million addresses have a certain amount of money. However, 97.2% of them is less than 1 BTC, and 0.7 percent of addresses — more than 10 BTC.
Writes 8Btc in NBD decided to carefully study the data and found that 0.7% of Bitcoin addresses controlled by 86.9 percent of coins in circulation. In monetary terms this amounts to approximately 62 billion dollars. For comparison, 97.2 percent of the addresses accounted for only 3.2 billion dollars in circulation, or 4.6 percent of all coins in BTC.
Source: 8btc
And although Bitcoin addresses transparent, immutable and resistant to evil, their owners hidden. Each address can have more than one owner. A typical example is the crypto currency exchange or wallet services that store digital assets from several people. It is quite natural that the money addresses to cryptomeria. There is such a thing as «whales» – i.e. retail or institutional investors, the disposal of which is a huge amount of BTC.
The report also says that just the existence of Bitcoin whales worries of investors from the traditional sector. The fact that they can easily manipulate the market by selling or buying large quantities of coins.
We will Remind, on December 19, the research firm Chainalysis published report. That only 37 percent of the addresses are considered «economically significant,». More data to search for , we have constant discussion.
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