Story by: Omkar Godbole
The Bitcoin Rich List, or the number of addresses holding more than 1,000 BTC, has grown in the past 12 months, possibly reflecting an influx of high-net-worth investors.
The metric has registered growth of 30 percent since September 2018, according to Coin Metrics data. Even when adjusted to exclude addresses known to belong to exchanges, the figure shows a similar surge.
At press time, 2,148 addresses contain more than 1,000 bitcoins, amounting to just 0.01 percent of all bitcoin addresses, as per BitInfoCharts’ Bitcoin Rich List.