What is the distribution of bitcoin ownership among whales?

3 answers

• Dec 17, 2021 · 3 years ago
  The distribution of bitcoin ownership among whales is quite uneven. A small number of whales hold a significant portion of the total bitcoin supply. These whales are individuals or entities that own a large number of bitcoins, often acquired through early mining or large-scale investments. Their holdings can impact the market and influence bitcoin's price. It's estimated that around 1,000 whales own about 40% of the total bitcoin supply. This concentration of ownership has led to concerns about market manipulation and volatility.
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• Dec 17, 2021 · 3 years ago
  When it comes to the distribution of bitcoin ownership among whales, it's important to note that the term 'whale' refers to individuals or entities with a large amount of bitcoins. These whales can have a significant impact on the market due to their ability to buy or sell large quantities of bitcoins at once. While the exact distribution is not publicly available, it is widely believed that a small number of whales hold a significant portion of the total bitcoin supply. This concentration of ownership can potentially affect the market dynamics and price movements.
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• Dec 17, 2021 · 3 years ago
  The distribution of bitcoin ownership among whales is a topic of much speculation and debate. While it's difficult to determine the exact distribution, it's widely acknowledged that a small number of whales hold a significant portion of the total bitcoin supply. These whales, often early adopters or institutional investors, have amassed large amounts of bitcoins over time. Their actions in the market can have a significant impact on bitcoin's price and overall market sentiment. It's worth noting that the distribution of ownership among whales can change over time as new whales enter the market or existing ones adjust their holdings.
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