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Top two richest BTC wallets hold 2% of all Bitcoin

by LLT Editor
25th Mar 22 12:33 pm

According to data compiled by Banklesstimes.com, the top two wallets globally hold 1.2% and 0.80% of all BTC in circulation. The two wallets, which hold 252,597, and 168,010 Bitcoins are held in Binance and Bitfinex exchanges, respectively.

The comprehensive data also includes more details on all the Bitcoin holders. There are currently over 41 million holders. An analysis of the top 100 holders show that they account for 14.11%, with the amount of Bitcoins held ranging from 252,597 to 9000 BTC coins.

Most Bitcoin whales are HODLing

The data further reveals that most of the Bitcoin whales are HODLers. The data presented of the top 100 wallets showed no change in the holding addresses for over a week. Only a handful of these addresses made transactions to either add or reduce the amount of BTC in their wallets.

What’s even more interesting is that most wallets that recorded a change over the past week, recorded declines in the amount of BTC held. The holding address with the largest transaction in this front made a transfer of -2950 BTC.

On the contrary, the largest BTC deposit into any of these addresses amounted to over 5200 BTC coins.

Binance, OKEx, hold the largest amount among exchanges

BanklessTimes went further to examine the holders of these BTC coins. The data reveals that Binance and OKEx are the leading exchanges in the amount of BTC held. The two exchanges account for 1.2 and 1.12% of the circulating Bitcoin supply.

Other exchanges that hold a significant percentage of Bitcoins include Bittrex, BitMex, Bitfinex, Coincheck, and Poloniex. These hold about 0.15%, 0.07%, 0.92%, 0.16%, and 0.08%. Other smaller exchanges hold more than 96% of the circulating BTC.

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