what percentage of bitcoin #btc is held by whales

Approximately **39%** of the total Bitcoin supply is held by whales, defined as addresses containing 1,000 BTC or more. This percentage reflects a slight decrease from earlier in 2023, when whale holdings were around 41.3%[1][5]. Notably, about **6,952 wallets** control approximately **58.21%** of the available Bitcoin, indicating significant concentration among a small number of holders[6].

Citations:

[1] How much Bitcoin does the average whale hold? - Cointelegraph https://cointelegraph.com/news/how-much-bitcoin-does-the-average-whale-hold

[2] Who Owns the Most Bitcoin Now? - Unchained Crypto https://unchainedcrypto.com/owns-the-most-bitcoin/

[3] Meet the whales: Who owns the most Bitcoins? - Crypto News https://crypto.news/meet-the-whales-bitcoins-biggest-holders-and-their-market-influence/

[4] What happens when 1% of Bitcoin holders control 99% of BTC ... https://cointelegraph.com/news/1-percent-bitcoin-holders-btc-supply

[5] The Ultimate Guide to Bitcoin Whales - Glassnode Insights https://insights.glassnode.com/content/the-ultimate-guide-to-bitcoin-whales-2/

[6] The Biggest BTC Whales: Who Owns the Most Bitcoin? | World Articles https://world.org/articles/popular-cryptos/who-owns-the-most-bitcoin