According to the specialized website BitInfoCharts, it would contain just over 4,000 addresses more than $10 million in bitcoin.
The Most Influential Bitcoin Addresses
252,597 bitcoins, that’s what the richest bitcoin wallet would be, while the second richest address has just over 168,000. According to expert estimates, the biggest owner of Bitcoin would actually be its mysterious inventor, who hides behind the pseudonym Satoshi Nakamotowho would be in possession of more than 1 million Bitcoin.
There are only five Bitcoin wallets with more than 100,000 BTC and therefore with a value of more than 2 billion dollars. As is known, Bitcoin was created to have a limited supply of coins equal to 21 million. The five richest wallets currently in circulation together account for 4.08% of the total coins in circulation.
The amount of bitcoin each address layer holds relative to the total bitcoin supply fluctuates over time. The five largest BTC addresses hold a total of 778,627 BTC. The next 92 largest holders, ranging from 10,000 to 100,000 BTC, own a total of 2,169,396 BTC. These 97 richest addresses make up 14.15% of the total supply. Bitcoin addresses with 10,000 or more bitcoin are referred to as whales by the crypto-financial community.
Interestingly BitInfoCharts Data, three of the five richest wallets are stored on the Binance exchange, one of the second largest on Bitfinex. It’s very easy to guess that one of the three addresses might actually belong to the exchange’s founder and CEO Changpeng Zhao. According to the Bloomberg Billionaire Index, Zhao’s net worth as of January 2022 was about $96 billion, although the Forbes ranking gives him “only” $65 billion, making him by far the richest person in the world in the cryptocurrency industry.
The richest bitcoin addresses on the web
The alleged address belongs to the CEO of FTX and the following richest people
The second most important Bitcoin address is said to be deposited with the FTX exchange. It’s hard not to believe it’s actually owned by the billionaire and multifaceted founder of the exchange himself, Sam Bankman Fried, who has enjoyed a meteoric rise in his business and is now considered the second richest man in the world in the crypto industry. An honors graduate from the renowned MIT in Boston, he founded FTX, one of the world’s most popular cryptocurrency exchanges, in 2019 and Forbes estimated his net worth at approximately $26.5 billion as of October 2021.
Two other billionaires well known in the crypto world are twins Tyler and Cameron Winklevoss, who with great foresight turned the millions they made from their lawsuit against Facebook and their former college colleague Zuckerberg, who has been accused of the Idea of having stolen the social from them, in cryptocurrencies. They became the first billionaires in the cryptocurrency ecosystem after bitcoin prices skyrocketed in late 2017. Forbes estimates her net worth at around $5 billion.
On the corporate side, however, it’s now common knowledge that MicroStrategy, worth nearly 130,000 bitcoins worth more than $2.6 billion, is in serious trouble over a loan taken out specifically to buy bitcoin, which could force it to do so margin call.
Tesla’s bitcoin holdings
Meanwhile, Tesla Inc. is holding on more than 10,800 BTC, which is the second-largest amount of Bitcoin held by a single company, 0.051% of total BTC supply, after selling more than 31,000 BTC over the past few months. The third largest bitcoin holding by a public company is Galaxy Digital Holdings, which owns 16,400 BTC.
Institutional investors in the crypto world
As for institutional investors, the biggest holders of Bitcoin are undoubtedly ETFs. They own a total of 816,379 BTC, 3.88% of the total Bitcoin supply. The largest Bitcoin ETF is Grayscale Bitcoin Trust (GBTC), which owns 654,600 BTC, or almost 3.2% of the total supply. In total, ETFs, public and private companies own almost 1.5 million BTC, more than 7% of the total supply.
Governments around the world also hold bitcoin, totaling about 259,870 BTC, which is 1.23% of total supply and exceeds the country’s own gold reserves. Reports state that Bulgaria is more than holding 213,519 BTC and members of the Ukrainian government are privately discussing it 46,351 BTC. According to some estimates, the U.S. government also holds about 70,000 bitcoin, partly derived from seizures of cryptocurrencies used for illicit trading.
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