Only 7% of the supply (1.356 million BTC, worth $36.4 billion) is distributed among the nearly 46.5 million addresses with at least some bitcoin — but less than one — per BitInfoCharts. The other 93% (18 million BTC, worth $482.7 billion) exists in the one million addresses that now own a full BTC.
However, some estimates can be made based on blockchain data and surveys of Bitcoin holders. According to data from Bitinfocharts, as of March 2023, there are approximately 827,000 addresses that hold 1 bitcoin or more, representing around 4.5% of all addresses on the Bitcoin network.
Since people may have several addresses with Bitcoin, it is possible that people may have several addresses with amounts less than 1 BTC but whose cumulative amount exceeds 1 BTC. Nevertheless, it is quite conceivable that less than 1 million people own at least 1 Bitcoin on Earth.
Only About 2% of Addresses Hold 1 Bitcoin or More
As you can see, there are 633,008 addresses that have at least 1 BTC (1.68 million coins in total), which is 2.18% of all addresses out there.
The "Bitcoin 1% club" refers to the top 1% of Bitcoin holders worldwide. It's hard to determine how much BTC you need to be in the 1% club, since Bitcoin isn't evenly distributed among addresses, and there are many lost Bitcoin. Estimates for the threshold range from 0.28 BTC to as high as 15 BTC.
The co-founder of Tesla Inc. revealed on Twitter that he owns only a tiny fraction of one bitcoin token. "I literally own zero cryptocurrency, apart from . 25 BTC that a friend sent me many years ago," Musk confessed.
Washington owns more than $5 billion worth of seized bitcoin and has been reluctant to part with it. That may represent inertia more than strategy. F rom the increasingly ferocious federal crackdown on the cryptocurrency business, it might appear the U.S. government cannot stand digital currencies.
The largest holder of Bitcoin is believed to be Satoshi Nakamoto, the pseudonymous founder of Bitcoin. Nakamoto is estimated to own approximately 1,000,000 BTC, worth around $27.13 billion.
But however Bitcoin evolves, no new bitcoins will be released after the 21-million coin limit is reached. Reaching this supply limit is likely to have the most significant impact on Bitcoin miners, but it's possible that Bitcoin investors could also experience adverse effects.
One of the easiest ways to cash out your cryptocurrency or Bitcoin is to use a centralized exchange such as Coinbase. Coinbase has an easy-to-use “buy/sell” button and you can choose which cryptocurrency you want to sell and the amount.
The practice of halving is used to reduce the number of available bitcoins entering circulation by half every time 210,000 blocks have been mined (roughly every four years). This means the last Bitcoin will be mined by the end of 2078. In other words, no more bitcoins will be left to mine.
How much will Bitcoin be worth in 10 years? If you invest in Bitcoin today, as with any investment, a long term increase is expected. The price of BTC could possibly rise to $329,325.16 within the next 10 years.
Considering all the facts, how much BTC should you own? Numerous researchers say that it is best to own at least 0.0025 BTC as its price is expected to go up in the future. As time progresses, the popularity of cryptocurrencies, such as BTC, is expected to rise rapidly.
Ethereum Cumulative Unique Addresses is at a current level of 233.56M, up from 233.46M yesterday and up from 197.97M one year ago. This is a change of 0.04% from yesterday and 17.98% from one year ago.
Guessing the right number, however, is difficult. As per the data available from various sources, there are a minimum of 32,500 millionaires in the crypto industry as of 2023, and the actual number is expected to be higher.
A new report from Wired magazine indicates that the FBI is now in control of two addresses, or wallets, holding bitcoin worth as much as $120 million.
There are no guarantees that you'll become a millionaire, but if you invest in the right places and hold those investments for the long term, it's still possible to see significant returns.
Currently, the largest single BTC wallet with 252,597 BTC belongs to Binance.
Satoshi Nakamoto (born 5 April 1975) is the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation.
Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use.
The death of four crypto billionaires within a month has caught the crypto community's attention. The deaths occurred under suspicious circumstances, and some of these billionaires had even raised alarms about being in danger. 4 crypto billionaires dead in the span of a month. Just before, and during the FTX collapse.
Convert cryptocurrency to cash
One of the simplest ways to use your cryptocurrency nest egg to buy a home is to sell the cryptocurrency for fiat money (dollars) using a service like BitPay, then use that money to purchase a home.
Thought you had to buy a whole coin to get started? With bitFlyer, you can invest in Bitcoin and other popular cryptocurrencies with as little as $1.