March 28, 2024

How many users have more than 1 BTC?

How many users have more than 1 BTC?

According to the Bitinfocharts service, there are currently 633,008 addresses in the Bitcoin network that own between 1 and 10 BTC.

In total this isthe number of addresses owns 1.68 million coins, which is 2.18% of all users of the Bitcoin ecosystem. However, this does not mean that one address is necessarily equal to one person.

The cryptocurrency holder can simultaneouslyMultiple addresses store different amounts of BTC. For example, a person owns Bitcoin, but he split the coin into 0.8 and 0.2 BTC into two different Bitcoin wallets. Or, in general, he can store 0.1 bitcoin in ten wallets. Therefore, when studying the statistics provided by the service, it is necessary to take this fact into account.

How many users have more than 1 BTC?

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In addition, one more point must be taken into account. In the BTC network there are addresses with coins that can no longer be accessed, for example, due to the loss of a password. According to Chainaysis,in 2017 alone, about 23% of bitcoins were lost forever.

So the total number of people whocould hold at least 1 BTC, varies from 400,000 to 800,000. If all holders of one or more bitcoins lived together, their number could be comparable to the number of residents of cities like Stuttgart (634,830 people) in Germany and Seville (688 711) in Spain.

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