【Crypto World】According to the latest statistics from the on-chain data tracking platform, as of December 29, the total global holdings of Bitcoin have reached over 4.03 million coins. These Bitcoins are distributed among approximately 360 different entities. When converted to USD at current prices, the total value is close to $352.3 billion.
What does this number reflect? On one hand, the relatively concentrated number of holding entities (only 360) indicates that Bitcoin’s distribution still exhibits a clear top-heavy characteristic. On the other hand, the over $350 billion market value further confirms Bitcoin’s position as the largest market cap asset in the digital asset space.
For market participants, such holding data can often help assess the flow of funds and the movements of major players in the market. Changes in the distribution of holdings often reveal the latest attitudes of institutions and whale investors.
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Ramen_Until_Rich
· 2h ago
360 entities hold over 350 billion, the concentration is truly remarkable.
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CryptoNomics
· 7h ago
honestly the "360 entities" framing is statistically meaningless without examining the gini coefficient... ceteris paribus these numbers tell you nothing about actual market concentration
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FallingLeaf
· 7h ago
360 entities hold over 350 billion... The concentration is a bit scary.
What are the whales doing? Is anyone tracking their movements?
4.03 million tokens sound like a lot, but it seems that not many are actually active.
Just want to know if the big players are recently accumulating or selling.
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PoolJumper
· 7h ago
360 entities hold over 350 billion, and the concentration is quite alarming...
Bitcoin holdings surpass 4.03 million coins, with a total value exceeding $352.3 billion — distribution pattern of 360 entities
【Crypto World】According to the latest statistics from the on-chain data tracking platform, as of December 29, the total global holdings of Bitcoin have reached over 4.03 million coins. These Bitcoins are distributed among approximately 360 different entities. When converted to USD at current prices, the total value is close to $352.3 billion.
What does this number reflect? On one hand, the relatively concentrated number of holding entities (only 360) indicates that Bitcoin’s distribution still exhibits a clear top-heavy characteristic. On the other hand, the over $350 billion market value further confirms Bitcoin’s position as the largest market cap asset in the digital asset space.
For market participants, such holding data can often help assess the flow of funds and the movements of major players in the market. Changes in the distribution of holdings often reveal the latest attitudes of institutions and whale investors.