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1 000 people own 40 of the entire cryptocurrency market

1 000 people own 40 of the entire cryptocurrency market

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In fact, 1, people own 40 percent of the entire Bitcoin market. That means relatively very few people are getting rich from Bitcoin. All Investment Has Risk. There are around 1, individuals who own 40% of the market. Whales have the potential to manipulate the currency valuations and, given. A recent paper from the US National Bureau of Economic Research estimated that the top 1, Bitcoin investors control about 3m bitcoin, or.

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Because, by nature, all investments come with risk. The National Opinion Research Center at the University of Chicago has additional information about Bitcoin owners and people interested in these exchanges. Published February 28, That means relatively very few people are getting rich from Bitcoin. Some applications, such as Nansen, attempt to match blockchain addresses to investment funds and other big holders, but they can be unreliable.