Retail investors account for 8% of Bitcoin supply

Source
Son Min

Summary

  • Retail investors were found to hold 8% of the Bitcoin supply.
  • Retail investors holding less than 1 BTC reportedly bought a total of 1.6 million BTC.
  • Bitcoin was reported to be trading at $113,000 on the Binance USDT market.

Retail investors were found to hold 8% of the total supply of Bitcoin (BTC) (21 million BTC).

On the 23rd (local time), Axel Adler Jr., a CryptoQuant contributor, wrote on X (formerly Twitter), "Retail investors holding less than 1 BTC bought a total of 1.6 million BTC," saying, "This amounts to 8.4% of Bitcoin's total supply."

As of 4:46 PM, on the Binance USDT market, Bitcoin was trading at $113,000, up 0.02% from 24 hours earlier.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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