Bitcoin Addresses Worth $100,000 or More Hits All-Time High
The number of Bitcoin (BTC) wallet addresses holding a minimum of 10 BTC — worth over $100,000 to press time — has hit an all-time high, multiple data sources reveal.
According to BitInfoCharts’ Bitcoin Rich List, as of Sept. 17, there are 157,210 addresses holding between 10 and 1,000,000 BTC.
Earlier this month, Coin Metrics’ State of the Network report had plotted the latest data historically to reveal that these mega-holders are at an all-time high for the network.
No. of Bitcoin wallet addresses holding >10 BTC. Source: CoinMetrics, Sept. 4, 2019
Breaking down the data
Bitcoin wallet address holdings, Sept. 17, 2019. Source: BitInfoCharts
The Bitcoin Rich List reveals that the holdings of the 10-100 BTC group — split between 140,940 unique addresses — are worth in excess of $46.1 billion.
Meanwhile, among the 1,942 addresses holding between 1,000 and 10,000 BTC each, the total value of their holdings is greater than $48.2 billion.
Just 4 addresses hold between 100,000 and 1 million BTC, worth a total of $5.35 billion.
Notably, the top 4 addresses on BitInfoCharts are centralized exchange wallet addresses, meaning that each reflects assets held in custody for tens of thousands of individual users.
As Cointelegraph reported, the number five spot was just taken by a mystery 94K BTC transaction that occurred earlier this month.
In a separate chart devoted to unique wallet addresses analyzed in terms of fiat currency value alone, BitInfoCharts’ data indicates there are 2,118 wallets worth over $10 million each and 17,273 addresses with holdings worth $1 million or more.
The top 1%
Parallel to data on these Bitcoin mega-holders, XRP users have been circulating metrics for the token this week revealing that holders of 70,000 XRP or above — worth $18,900 to press time — qualify as falling within the top 1% of XRP holders.
This June, as crypto winter saw the first sign of thawing, Cointelegraph reported that Tyler and Cameron Winklevoss, founders of the Gemini crypto exchange, saw their fortune more than double to hit a combined $1.45 billion — restoring the twins’ erstwhile status as Bitcoin billionaires once again.