How many people own 1 bitcoin?

It is difficult to determine exactly how many people own 1 bitcoin since Bitcoin transactions are pseudonymous and can involve multiple addresses. However, some estimates can be made based on blockchain data and surveys of Bitcoin holders.

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 Bitcoin network. However, it is essential to note that a single person or entity can own multiple addresses, and thus, the number of actual Bitcoin holders may be lower.

Additionally, a survey conducted by Glassnode in 2020 found that only 23.6% of Bitcoin holders own more than 1 bitcoin, while the majority of holders (76.4%) own less than 1 bitcoin. This suggests that the number of individuals who own 1 bitcoin or more is relatively small compared to the total number of Bitcoin holders.

It is also worth noting that the distribution of Bitcoin ownership is heavily skewed, with a small number of large holders, often referred to as "whales," holding a significant portion of the total Bitcoin supply. As of March 2023, the top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply, according to Bitinfocharts.

The article does not constitute financial advice.

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