Bitcoin Retail Investors Now Hold 17% Of Total BTC Supply, But Is It Good News?

Bitcoin Retail Investors Now Hold 17% Of Total BTC Supply, But Is It Good News?
Bitcoin retail investor numbers are on the rise. These smaller investors have less purchasing power but with so many new entrants into the market following the 2020-2021 bull market, their collective purchasing power has grown alongside the total amount they hold. Retail Investors Hold 17% Of Supply Over the last few years, bitcoin addresses holding less than 10 BTC on their balances have been picking up more BTC supply. Recent data from on-chain data aggregator Glassnode shows that these small investors now hold 17% of the total BTC supply. Related Reading: Shiba Inu Welcomes 10,000 New Holders, Can SHIB Keep Up The Momentum? This subset of investors has grown by almost 50% in the last two years from around 12% to 17.3%, and a 0.5% increase in the last 30 days as data from Santiment shows the percentage of supply held by addresses holding between 0.001-10 BTC was sitting at 16.8% on Nov. 1, 2022. Interestingly, this BTC holder base had seen a significant decline at the start of November. This coincides with the collapse of the FTX crypto exchange, taking a good number of investor coins ..

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