The number of Bitcoin wallets containing 1,000 or more BTC has increased by nearly 3.5% over the past 52 weeks. Simultaneously, the number of wallets containing 0.0001 or less has grown by 75%.
Rise of Large BTC Wallets
This data indicates an increase in interest among both large investors and smaller users. The number of wallets holding 1,000 or more BTC has grown.
Middle-Class Holders Shrink
While the number of large wallets and smallest holders is growing, the number of wallets holding between one and ten BTC has decreased by 0.35%, with those from 10 to 100 BTC shrinking by more than 3%.
Bottom Tier Erosion
The increase in the number of wallets with minimal BTC amounts suggests the entry of new users or a reduction in middle-class holdings. Additionally, the decrease in wallets with more than 10,000 BTC aligns with the increase in those with 1,000 to 10,000 BTC.
Overall, the data indicates diverse changes in the distribution of Bitcoin among users. Large investors continue to increase their holdings while the middle class of users is shrinking.
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