How many people own 1 full Bitcoin?
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
In reality, only 2.3% of all Bitcoin owners own 1 BTC or more (worth around $35K per Bitcoin as of November 6th, 2023). In addition to Bitcoin ownership primarily spread across multiple small holders, most of Bitcoin's largest holders represent “the many” rather than a few.
Moreover, the number of whole-coiners, which refers to wallets with a balance of at least 1 BTC, has seen a slight increase since the beginning of the year. Currently (November 2023), there are 1,018,015 such addresses, reflecting a 4% growth from 978,197 on January 1 2023.
Key Takeaways. There are 88,200 crypto millionaires worldwide. 40,500 of these millionaires have amassed their fortune in Bitcoin (BTC).
$70,391/BTC
Given that a bitcoin currently cost $70,391, there are only enough bitcoins for every person to have $172.30 worth. If bitcoins were distributed using the current global distribution of wealth, 99.9% of people would have $32.77 worth of bitcoins, and people in the top . 001% would have 0.73 bitcoins each.
The firm's report on Tuesday says says 88,200 people have crypto assets worth at least $1 million — less than 1% of overall crypto users. Some 40,500 of them hold their investments in bitcoin, just under 46% of the total.
According to their findings, a one in four Americans and 55% of surveyed investors, defined by Unchained as those with at least one investment account between the ages of 18 and 78, own bitcoin.
Bitcoin is a risky investment with high volatility, and generally should be considered only if you have a high risk tolerance, are in a strong financial position already and can afford to lose some or all of your investment.
Key Points. The launch of the new spot Bitcoin ETFs is leading some investors to re-think how much Bitcoin they should be holding in their portfolios. In its latest research report, Ark Invests suggests an optimal Bitcoin allocation of 19.4%.
The number of Bitcoin millionaires, addresses with 1,000+ coins, has touched its highest level since April 2021. Glassnode's on-chain data shows that 2,262 BTC addresses are now holding more than 1,000 coins.
Did anyone get rich off Bitcoin?
In 2012, the Winklevoss twins began investing heavily in Bitcoin, purchasing around 1% (approximately 100,000 BTC) of the total circulating supply at that time. This early investment helped them amass a substantial amount of wealth and become Bitcoin millionaires as the value of the coin skyrocketed.
Yes, there are a reported 40,500 Bitcoin millionaires. But there are also 1 million crypto wallets worldwide that hold at least one whole Bitcoin. Thus, just based on these figures, your chance of becoming a millionaire (even if you choose to invest $43,000 for a whole Bitcoin today) could be less than 5%.
Bitcoin accounts for more than half of crypto-millionaires fortunes while 72 of the centi-millionaires and six of the crypto-billionaires made their fortunes from trading Bitcoin. However, these fortunes may be at risk, leading to these super-wealthy individuals seeking assistance to protect their digital currencies.
As of March 2023, the top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply, according to Bitinfocharts.
The top Bitcoin holder is still believed to be Satoshi Nakamoto, the anonymous creator of Bitcoin, who reportedly holds around 1.1 million BTC across many wallets. Despite this large holding, the top 10 holders collectively only possess about 5.5% of the total Bitcoin supply.
A single bitcoin is made up of 100 million smaller units known as satoshis. You can buy a fraction of a bitcoin on any exchange.
Ultimately, investing in bitcoin is a personal decision, whether you're buying ETFs or actual digital coins. If you decide to invest, you should have an already diversified portfolio of assets like index funds. You typically don't want to invest money in speculative assets you can't afford to lose.
Changpeng Zhao, $65 billion
Zhao is the founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume. He used to once work at McDonalds flipping burgers but now, he is the richest crypto billionaire.
| Billionaire (source of wealth) | Net worth in billion U.S. dollars |
|---|---|
| Changpeng Zhao (Binance) | 65 |
| Sam Bankman-Fried (FTX) | 24 |
| Brian Armstrong (Coinbase) | 6.6 |
| Gary Wang (FTX) | 5.9 |
An estimated 1 billion people around the world use cryptocurrencies. About 46 million Americans (roughly 22% of the adult population) own a share of Bitcoin.
How many addresses own 10 Bitcoin?
There are presently 157,400 wallets holding more than 10 Bitcoins, an increase of roughly 8.12% from February 2022. Santiment observes that in the past 20 months since this accumulation of new large wallets began, 11,806 more addresses have met the threshold of holding over 10 BTC.
Another study worth noting was commissioned by Coinbase and conducted by Morning Consult. The study found that 20% of Americans currently own cryptocurrency. Considering the most recent Census findings – which state a US population of almost 335 million, this translates to about 67 million cryptocurrency holders.
If you invest $100 into Bitcoin today, don't expect to make a fortune. However, you could still make some solid gains if your bet on Bitcoin pays off. Many people who are interested in crypto would like to get started with smaller amounts, which is entirely reasonable given that cryptocurrencies are risky investments.
If you invest $2,000 in bitcoin you should see a profit but given the volatile nature you will need some knowledge on risk management to keep the profits. The price of bitcoin changes everyday but there are trends.
| Year | Minimum Price | Average Price |
|---|---|---|
| 2032 | $1,918,712.11 | $1,970,386.94 |
| 2033 | $2,820,108.96 | $2,918,628.11 |
| 2040 | $4,056,892.27 | $4,348,755.08 |
| 2050 | $5,165,970.35 | $5,311,902.76 |
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