Less than 1% of the largest holders of () reportedly control more than a quarter of all BTC in circulation, according to a new study.
The National Bureau of Economic Research, a nonprofit American private investigation organization, published a study claiming that 10,000 Bitcoin accounts, or 0.01% of all BTC holders, own 5 million BTC, or 27% of the 18.9 million coins in circulation.
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The amount of BTC held by the “one percent” equates to about $ 232 billion, The Wall Street Journal reported on December 20.
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