Over 80% of Bitcoin is held by wallets with 10 BTC or more, data shows

By: bitcoin ethereum news|2025/05/15 08:45:04

Data suggests that a significant portion of Bitcoin could be in the hands of a limited number of larger wallets, potentially pointing to rising concentration. As Bitcoin (BTC) adoption grows, ownership continues to concentrate among larger wallets, leaving retail investors with a shrinking share, per new data from Santiment. As of May 13, wallets holding at least 10 BTC — worth about $1 million or more — controlled over 82% of the total mined Bitcoin supply. As Santiment analysts suggest, only around 17.5% of Bitcoin is held by wallets “holding less than $1 million in BTC.” Wallets with 100 BTC or more — currently valued at over $10 million — now hold more than 60% of the total supply. Santiment noted that the 10-100 BTC group can be broadly classified as “mainly comprised of small institutional investors,” while wallets over 100 BTC are mostly held by “institutionals and liquidity providers (with occasional exceptions of very large retail wallets, of course).” Some 3.47 million BTC remain in wallets holding fewer than 10 BTC, worth an estimated $358 billion. Whether this smaller group will continue to hold or sell could depend on future market sentiment, the analysts claim. “Historically, major price retraces tend to instigate retail panic-selling, followed by larger wallets absorbing more of the loose coins that retail is no longer comfortable holding for the long run.” Santiment Crypto mining has also become less accessible for individuals due to high costs and lower rewards. On top of that, many crypto miners have fully “embraced eager institutional investors, and often take profit shortly after their successful mining sessions are complete,” the analysts added. Santiment estimates that between 3 million and 4 million Bitcoin “could be gone for good” due to lost private keys or inaccessible wallets, while around 1.14 million coins still remain to be mined until the year 2140. Source: https://crypto.news/over-80-of-bitcoin-is-held-by-wallets-with-10-btc-or-more-data-shows/

-- Price

Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...

Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S

July 5 Market Important Events Overview

Trump, the best stock trader among U.S. presidents

Trump has almost turned the presidency into a business and maximized the conversion of presidential influence into commercial profits.

From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?

Speak with data and signals, validate judgments with A/B tests, and seek asymmetric returns with limited risk exposure.

Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date

The moment faith was securitized, Bitcoin became a bill.

OUSD False Cooperation Controversy? The Credit Game of Stablecoins and Endorsements by Giants

The success of stablecoins does not rely on rallying a group of alliance members for marketing, but rather on whether they have real use cases and genuine users.

Q-Day Countdown: Will Quantum Computing End Cryptocurrency?

In the face of dormant coins being plundered by quantum computing power, should we firmly uphold the unalterable bottom line of "code is law," or should we enforce a soft fork to freeze legacy assets?

The ten years of Cloud on the Air: From corner coffee to global financial infrastructure

How did a remittance company grow into a financial infrastructure that can replace SWIFT; when it really reaches this scale, how should stablecoins be positioned for it; and what can AI integrate into this infrastructure?

$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026

TRUMP Token lost more than 96% after its launch, while Nasdaq stocks and NVIDIA delivered strong gains. Compare what happened to a $10,000 investment and explore why asset fundamentals matter more than market hype.

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

Strategy Founder: The Next 10 Years of Bitcoin

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

WEEX P2P now supports BDT & LKR—Merchant Recruitment Now Open

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview

Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon