One Million Individual Wallets Now Hold a Whole Bitcoin (2024)

FAQs

How many wallets have a whole Bitcoin? ›

According to the blockchain analysis platform BitInfoCharts, more than 1 million wallet addresses hold at least 1 BTC.

Who Owns the Most Bitcoins? Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is believed to own the most bitcoins, with estimates suggesting over 1 million BTC mined in the early days of the network.

Today, roughly 1 million wallet addresses have more than 1 bitcoin. Think about that for a moment — only 1 million out of the nearly 8 billion people on Earth own at least one full bitcoin. That works out to be only about 1 in every 8,000 people!

As of March 2023, the top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply, according to Bitinfocharts.

Chief among the findings is that one in four Americans and 55% of investors surveyed by unchained — defined by Unchained as having at least one investment account — report owning bitcoin, and 95% of this group say they would buy or strongly consider buying more of it in 2024.

Governments Holding the Most Bitcoin

Governments across the world own an estimated 565,749 BTC, representing 2.69% of the total supply. The Chinese government reportedly holds 194,000 BTC that was recovered from the Plustoken scam in 2019. Members of the Ukrainian government privately hold roughly 46,351 BTC.

The U.S. government is one of the world's biggest holders of bitcoin, but unlike other crypto whales, it doesn't care if the digital currency goes up or down in value.

F rom the increasingly ferocious federal crackdown on the cryptocurrency business, it might appear the U.S. government cannot stand digital currencies. Yet there is a love-hate dynamic: the Treasury is sitting on a stash of 207,189 bitcoin, worth $5 billion, by far the largest such state-owned hoard.

Largest Traditionally Lost Bitcoin Wallet

A great example of this is James Howells, a British Computer Engineer who lost his hard drive, containing details for a Bitcoin wallet that holds 7500+ BTC. It may be the largest Bitcoin wallet that has been classified by the owner as lost.

Simple math shows that the average bitcoin holding per person is about 262,500 satoshis. At $69,000 per bitcoin, that works out to an investment of about $180 to reach the global average bitcoin allocation. So don't be discouraged by the price of a single bitcoin.

How many Bitcoin should I own? ›

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%. In previous years, Ark Invest's optimal Bitcoin allocation was in the 0.5% to 6% range.

Key Takeaways. There are 88,200 crypto millionaires worldwide. 40,500 of these millionaires have amassed their fortune in Bitcoin (BTC). The number of global crypto owners reached 580 million by the end of 2023, according to Crypto.com.

Why did Nakamoto disappear? Some have speculated that he may have taken his own life. Or maybe he wanted to wash his hands of his bitcoin project, walking away from it all and maintaining his anonymity.

Prominent figures associated with substantial cryptocurrency wealth include individuals such as Changpeng Zhao (founder of Binance), Cameron and Tyler Winklevoss (founders of Gemini), and Chris Larsen (co-founder of Ripple). Their fortunes are tied to successful ventures in the crypto space.

Russian citizens reportedly own 16.5 trillion rubles ($214 billion) worth of cryptocurrencies, according to government estimates. Records show that China holds 194,000 BTC, 833,000 ETH, and a variety of other unnamed cryptocurrencies.

Only 7% of the supply (1.356 million BTC, worth $36.4 billion) is distributed among the nearly 46.5 million addresses with at least some bitcoin — but less than one — per BitInfoCharts. The other 93% (18 million BTC, worth $482.7 billion) exists in the one million addresses that now own a full BTC.

Just now, according to Glassnode data, the number of addresses holding more than 100 BTC has reached a four-month low, currently standing at 15,955.

In reality, only 2.3% of all Bitcoin owners own 1 BTC or more (worth around $35K per Bitcoin as of November 6th, 2023).

According to crypto analysis firm Santiment, the number of Bitcoin (BTC) wallets with more than 100 BTC recently saw the most significant single-day jump in 2023. As per the data, wallets with over 100 BTC have reached a whopping 15,970 as of last Saturday.