Who owns 90% of Bitcoin?|As of March 2023, the hold over 90% of the total Bitcoin supply, according to Bitinfocharts.top 1% of Bitcoin addresses
Who actually holds the lion's share of Bitcoin? It's fascinating to learn that, as of March 2023, the top 1% of Bitcoin addresses control over 90% of the total Bitcoin supply, according to Bitinfocharts. This statistic raises several intriguing questions. Are these wealthy individuals or institutions? What are their motivations for accumulating such vast amounts of Bitcoin? Could this concentration of wealth potentially influence the cryptocurrency market? And what does it mean for the future of Bitcoin and its decentralization principles? Understanding the ownership structure of Bitcoin is crucial for gauging its long-term potential and assessing the risks associated with investing in this volatile asset class.