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Ask HN: Who Owns The Bitcoin?

6 pointsby ToFab123about 4 years ago
According to Bloomberg: A few large holders &quot;whales&quot; [...] continue to own most Bitcoin. About 2% of the anonymous ownership accounts that can be tracked on the cryptocurrency’s blockchain control 95% of the digital asset [...] A further breakdown shows that whales own 92.4% of the 2%, while crypto exchanges account for nearly 7% [...], while whales accounted for 92.3% of the biggest holders [...]<p>https:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2020-11-18&#x2F;bitcoin-whales-ownership-concentration-is-rising-during-rally<p>Has it been identified who that is?

5 comments

modelessabout 4 years ago
Aren&#x27;t the biggest addresses all cold storage for exchanges, funds, etc? Those coins are not owned by a single &quot;whale&quot;, they belong to thousands of users and investors of the exchanges and funds. It is misleading to look at a single address and assume that a single person owns every coin in it.
Jimmc414about 4 years ago
It is interesting to see the growth of large holders in the last 24 months.<p><a href="https:&#x2F;&#x2F;web.archive.org&#x2F;web&#x2F;20190224141009&#x2F;https:&#x2F;&#x2F;bitinfocharts.com&#x2F;top-100-richest-bitcoin-addresses.html" rel="nofollow">https:&#x2F;&#x2F;web.archive.org&#x2F;web&#x2F;20190224141009&#x2F;https:&#x2F;&#x2F;bitinfoch...</a><p><a href="https:&#x2F;&#x2F;bitinfocharts.com&#x2F;top-100-richest-bitcoin-addresses.html" rel="nofollow">https:&#x2F;&#x2F;bitinfocharts.com&#x2F;top-100-richest-bitcoin-addresses....</a>
chovybizzassabout 4 years ago
roger ver is a billionaire i believe. he got in very early.<p>also the winklvoss twins bought 200,000 btc at $7.
throwawayyy6about 4 years ago
Mircea Popescu
kmichal456about 4 years ago
Whoever owns 51% of mining nodes owns bitcoin.
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