Bitcoin - Meet the whales!
Curious what the whales of bitcoin look like?
Now you can be curious no longer!
Check this out:
The largest 32 whales control roughly 5% of the entire bitcoin supply when you factor in the lost coins.
Of that 5%, only a small portion are actually active.
I would venture to say a lot of those wallets are cold storage for exchanges.
https://blog.chainalysis.com/reports/bitcoin-whales-oct
What should I take away from this info? 🤓