Seeing institutional investors flooding into Bitcoin, you can tell that the value of a single coin is steadily increasing. Currently, the BTC price is approaching around $80,000, with over 20 million BTC in circulation. Since the supply is fixed at 21 million, it seems that as demand grows, large players will dominate the market.



Interestingly, there are over 1 million addresses holding at least 1 BTC, which is roughly the same population size as Ottawa, Canada, or Abu Dhabi, UAE. The total assets in these addresses exceed $500 billion, which is more than the entire GDP of the UAE, indicating how concentrated Bitcoin's value is.

However, in reality, Bitcoin is an anonymous network, so it's common for one person to hold multiple addresses. On average, individuals hold between 3 to 10 wallets, and most addresses are managed by exchanges or custodians. Therefore, the actual amount held by individuals is somewhat opaque. DYOR (Do Your Own Research) is especially important in such situations, as it’s necessary to understand the actual ownership structure rather than just looking at surface-level numbers.
BTC-1.49%
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