Small and medium hodlers control 40% of the Bitcoin supply — data

Cointelegraph

Published Feb 03, 2021 10:16AM ET

Updated Feb 03, 2021 12:20PM ET

Bitcoin (BTC) ownership is becoming more decentralized every day, data shows, allaying fears that the supply is being controlled by an elite.

Data from Glassnode reproduced by statistician Willy Woo on Feb. 3 shows that the number of smaller Bitcoin holders and those holding coins on behalf of clients keeps growing.

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