Tuesday October 28, 2025

Report: Under 20,000 Addresses Hold More Than 60% of Bitcoin’s Supply

Report: Under 20,000 Addresses Hold More Than 60% of Bitcoin’s Supply

by Sergio Goschenko September 29, 2025 1 min read

(Originally posted on : Bitcoin News )

Sani, co‑founder of Time Chain Index, a bitcoin onchain metrics platform, studied the bitcoin address dataset to estimate the number of network users. He found fewer than 20,000 addresses hold over 60% of the supply, while about 3.9 million active users hold the remainder. Report: Bitcoin Is Highly Concentrated, Users Likely Under 4 Million While […]

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