34 days ago • Posted by William Ramstein
Glassnode derives that 2% of network entities control 71.5% of all Bitcoin NOT 95%.
This must read glassnode report indicates clearly that while whales (accounts that hold 1000-5000 BTC) are increasingly buying up the supply, but that smaller addresses, in aggregate, actually hold a large percentage of the supply themselves. The report says ''On the other hand, smaller entities holding up 50 BTC each (shrimp, crab, and octopus) control almost 23% of the supply. This shows that a substantial amount of bitcoins are in the hands of retail investors.'' You can find BTC ETF and ETP on FlowOne. Source: Glassnode.com