The whales hold the majority of Bitcoin, rather than everyday people.
Here's why:
Whales: A small number of Bitcoin wallets, often referred to as "whales," hold a large portion of the total Bitcoin supply. These are wallets with 1,000 BTC or more. They include early adopters, crypto exchanges, institutional investors, and some corporate treasuries.
People (Retail Investors): While there are millions of Bitcoin wallets, most of these hold small amounts of Bitcoin, often less than 1 BTC. These wallets belong to everyday users, traders, or small investors.
In terms of percentages:
Roughly 2% of Bitcoin wallets control more than 90% of the total Bitcoin supply. Most of these large wallets are either whales or institutional entities.
So, while many individuals own small amounts of Bitcoin, whales control the bulk of the circulating supply.
🤷🏽♀️🤷🏽♀️ Still doesn't mean anything it's gonna rip every 4 years In October. The Bitcoin code has not changed. Only more money has been flowing in.
🐒💩 lol exactly why the etf got approved at this moment because the supply won't effect they holding
Bitcoin wall street bitch
In the words of Trump
Some of yall #Bitcoiners are smart the rest are dumb lol 😆
Why would he say that !
Because the e t f people are not even holding bitcoin. The smart bitcoiners are hodling In self custody And running nodes. So when shit hits the fan, the smart bitcoiners are secure. No matter what
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