Who Owns the most Bitcoin

Who Owns The Most Bitcoin - Satoshi & Al.

By Bfab | Good vibes | 25 Dec 2022


According to River Financial, Satoshi Nakomoto, the inventor of Bitcoin, is also the largest Bitcoin (BTC) holder:

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The other largest BTC holders as of June 2022 were:

  • Grayscale
  • Binance
  • Bitfinex
  • OKEX
  • Block.one
  • MicroStrategy
  • Another anonymous holder...

All these holders own several BTC addresses:

  • Binance owns the largest cold storage wallet address, holding ​​252,597 BTC.
  • Five bitcoin addresses contain 100,000 - 1,000,000 BTC for a total of 778k BTC.
  • The next 92 largest owners, who range from 10,000 - 100,000 BTC, own a total of more than 2 million BTC.

Therefore, the top 97 addresses, also called "whales", account for 14% of the total supply.

In comparison, 63% of staked Ethereum (ETH) are controlled by five entities, and Ethereum sidechain Polygon (MATIC) has a large-holder concentration of 85%. Regarding DogeCoin (DOGE), it has a 65% concentration of large holders, as of 8 December 2022.

In summary, Bitcoin is more evenly distributed than most of the altcoins.

Disclaimer: this article does not contain any financial advice. The information is provided for general informational and educational purposes only.

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