0 sats \ 0 replies \ @02174b3c39_lntxbot 31 Jul 2022 \ parent \ on: A realistic fair value of Bitcoin bitcoin
"Whales currently hold 24% of the supply.
Holdings as at 1st Jan of past years:
2021 - 27%
2020 - 27%
2019 - 29%
2018 - 32%
2017 - 39%
2016 - 44%
2015 - 46%
2014 - 48%
2013 - 52%
2012 - 54%
Excludes Satoshi's coins (assumed lost), exchanges, ETFs, and public companies.
(Exchanges, ETFs and public company holdings are excluded as their BTC are owned by a multitude of individuals/shareholders.)"
https://twitter.com/woonomic/status/1477257799759396867
In fact bitcoin is diffusing rather than aggregating. Because, in part, in a Proof of Work system, greater holdings don't generate greater holdings. The other part is the capped supply.