Cryptocurrency Q&A
How many bitcoin whales are there?
How many bitcoin whales are there?
StarlitFantasy
Mon Jul 08 2024
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5 answers
1015
Could you please elaborate on the question, "How many bitcoin whales are there?" In the cryptocurrency world, a "whale" typically refers to an individual or entity that holds a significant amount of bitcoin, often enough to potentially influence the market. However, quantifying this term precisely is challenging as there are no official thresholds or registries. Nonetheless, we can attempt to estimate the number of whales by analyzing public blockchain data and identifying addresses with exceptionally large bitcoin holdings. However, it's important to note that these estimates are approximations and may vary depending on various factors, including how one defines a "whale.
5 answers
Gianluca
Wed Jul 10 2024
Specifically, in July 2023, a remarkable number of 2,018 BTC wallets boast balances surpassing 1,000 BTC each.
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CryptoVisionaryGuard
Wed Jul 10 2024
As per the latest bitcoin whales chart, the landscape of BTC ownership reveals a significant concentration of wealth.
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ZenBalance
Tue Jul 09 2024
Amongst these whales, several have garnered attention for their long-term commitment to holding bitcoin.
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Filippo
Tue Jul 09 2024
To illustrate, let's delve into the profiles of five publicly known bitcoin whales who have stood out in this regard.
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Sara
Tue Jul 09 2024
Each of these whales possesses not only vast wealth in bitcoins but also a profound belief in the cryptocurrency's potential.
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