More than half of the entire Bitcoin circulating supply is controlled by cryptocurrency whales, and 42 percent of them didn’t sell during peak crypto-mania. Blockchain research unit Diar has put together some interesting data that suggests less than 1 percent of all wallet addresses control $100 billion in Bitcoin. In fact, more than half of Bitcoin’s circulating supply is controlled by wallets with balances exceeding 200 BTC ($1.25 million). Even further – it appears that a third of all Bitcoin held by whales has never been used for outgoing transactions (meaning the whales never moved it out of their wallets…
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