According to Glassnode there are only about 31k whole coiners.
That's an entity adjusted number and I haven't got a clue how they can work it out, but if it's anywhere near true then we are even earlier than I thought.
Discussion
It's all nonsense. Pay me a monthly fee and I'll give you random numbers with complete confidence too.
I have 2 btc on Coinbase and send them to 2 separate addresses. How on earth can they know they are both mine without asking Coinbase? Seems fishy.
Yeah it’s just BS guessing.
They will be “authoritative” with their calculations until someone calls them out on it then it will all be “an educated guess”.
I don’t even have the totals in one xpub. All from multiple sources.
…maybe they do have monthly chats with the exchanges!
I do not have and never would ever have 1₿ in one address or as 1 UTXO. Rich or poor, it's just so unlikely you would. Especially a pleb. Especially post 2017 when buying whole coins is not an option for 99% of people.
So... What they do is put together a made up methodology to estimate, then charge for the guess work with a straight face.
I’d be curious to know how they came to that number. If you DCA $500 a week for a year but used 52 different addresses you still own a full Bitcoin, but in many addresses?
Most people who have managed to scrape together 1 whole coin in the last couple of years will not keep it in 1 wallet. I suspect these wallets are the mini whales consolidating their wallets
Many people stack to get to 1 btc and those will all be in separate addresses.