The data shows that more than 20,000 addresses hold BTC worth tens of millions of US dollars, with a total value of 200 billion US dollars

On June 17, according to the data platform, currently over 20,000 Bitcoin Addresses have Holdings worth over 10 million USD, totaling approximately 200 billion USD, accounting for nearly 9.43% of the total BTC supply and over 21% of the "realized market capitalization".

The "Realized Cap" operation logic is that when BTC is transferred to a wallet, it is regarded as a "buy" and when it is transferred out, and by calculating the average cost basis of each wallet × the number of positions, the "realized market capitalization" of the whole network can be obtained, which reflects the total amount of capital entering the Bitcoin market through real on-chain activities.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 6
  • Share
Comment
0/400
MoonRocketmanvip
· 06-17 16:14
short positions完蛋预备To da moon
Reply0
ZkSnarkervip
· 06-17 16:13
The whales' order book is deep.
Reply0
GateUser-aa7df71evip
· 06-17 16:05
Large Investors are ready to pump, is that good?
Reply0
GateUser-2fce706cvip
· 06-17 16:02
BTC is the hard truth.
Reply0
RektRecoveryvip
· 06-17 15:54
The rich are getting richer.
Reply0
CryptoAdventurervip
· 06-17 15:53
The poor will always be suckers.
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)