Over 20,000 Bitcoin Addresses Holdings are valued at over 10 million USD, accounting for nearly 9.43% of the total BTC supply.

GateUser-6433627c · 2025-06-17T20:02:28+00:00

Currently, the holdings value of more than 20,000 Bitcoin addresses exceeds $10 million, totaling about $200 billion, accounting for 9.43% of the total Bitcoin supply and over 21% of the "realized market capitalization". The realized market capitalization is a measure of the amount of capital calculated based on on-chain activity.

GateUser-6433627c

2025-06-17 20:02:28

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[Over 20,000 Bitcoin Addresses Holdings Worth Over $10 Million, Accounting for Nearly 9.43% of Total BTC Supply] According to Alphractal data, currently over 20,000 Bitcoin addresses have holdings worth over $10 million, totaling approximately $200 billion, accounting for nearly 9.43% of the total BTC supply and occupying more than 21% of the “realized market capitalization.” The logic of “Realized Cap” operates on the premise that when BTC is transferred into a wallet, it is considered a “buy,” and when it is transferred out, it is considered a “sell.” By calculating the average cost basis of each wallet multiplied by the Holdings, the total “Realized Cap” of the entire network can be determined. This metric reflects the total capital that has entered the Bitcoin market through actual on-chain activities.

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