Data: More than 20,000 bitcoin addresses hold more than 10 million US dollars, with a total value of 200 billion US dollars, accounting for 9.43% of the bitcoin supply
[Block Rhythm] According to data, as of June 17, currently over 20,000 Bitcoin addresses have holdings worth over 10 million USD, totaling approximately 200 billion USD, accounting for nearly 9.43% of the total BTC supply and over 21% of the “realized market capitalization.”
The “Realized Cap” operation logic is that when BTC is transferred to a wallet, it is regarded as a “buy” and when it is transferred out, and by calculating the average cost basis of each wallet × the number of positions, the “realized market capitalization” of the whole network can be obtained, which reflects the total amount of capital entering the Bitcoin market through real on-chain activities.
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Data: More than 20,000 bitcoin addresses hold more than 10 million US dollars, with a total value of 200 billion US dollars, accounting for 9.43% of the bitcoin supply
[Block Rhythm] According to data, as of June 17, currently over 20,000 Bitcoin addresses have holdings worth over 10 million USD, totaling approximately 200 billion USD, accounting for nearly 9.43% of the total BTC supply and over 21% of the “realized market capitalization.”
The “Realized Cap” operation logic is that when BTC is transferred to a wallet, it is regarded as a “buy” and when it is transferred out, and by calculating the average cost basis of each wallet × the number of positions, the “realized market capitalization” of the whole network can be obtained, which reflects the total amount of capital entering the Bitcoin market through real on-chain activities.