Friday, March 1, 2024

Bitcoin & Crypto holder Ranking Updated

The current Ranking for Bitcoin Holders, is:

  • Humpback Whale = 5000 BTC or more
  • Whale = 1000 – 5000 BTC
  • Shark = 500 – 1000 BTC
  • Dolphin = 100 – 500 BTC
  • Fish = 50 – 100 BTC
  • Octopus = 10 – 50 BTC
  • Crab = 1 – 10 BTC
  • Shrimp = less than 1 BTC

We want to reinvent this list:

  • BLUE WHALE = 5000 BTC or more
  • Whale = 1000 – 5000 BTC
  • Shark = 500 – 1000 BTC
  • Dolphin = 100 – 500 BTC
  • Fish = 50 – 100 BTC
  • Octopus = 10 – 50 BTC
  • Crab = 1 – 10 BTC
  • Shrimp = less than 1 BTC

Main message!

I really don’t know why people brought “Humpback Whale” als LARGEST HOLDER CLASSIFICATIONS. The blue whale is the biggest creature on planet earth, EVER existed and still existing. Even bigger than the Argentinosaurus, the biggest Dinosaur ever discovered.

So I really want to set this WONDERFUL LIST straight: if you own more than 5000 BTC, you are a BLUE WHALE! 🙂 Now, read on to find out more interesting stats about Bitcoin & Crypto holders!

How many Shrimps are there?

shrimp
Talking about ‘real’ shrimps, well, there are at least 300 species existing.
In our crypto space, shrimps own almost 5% of all the bitcoin. While this doesn’t seem like much, the shrimps play an important role: around 95% of all bitcoin holders are shrimps (which translates to give or take 23.5 million addresses!). While around half of them only hold 0.001 bitcoin or fewer, 8% of them hold 0.1 to 1 bitcoin. Again, some of these numbers don’t sound like a lot. But, when all ‘crypto-shrimps’ together own 800,000 bitcoin, the power of unity really comes into play. We’re in this together!

How many Whales are there?

whale
Now with whales, it’s a bit of a different story. Under 2,500 accounts are in possession of around 40% bitcoin. When you find out that there are roughly 100 million total accounts, you understand the ‘power of the whale’.

However, the crypto whale population is growing. This year, an all-time high of 2,334 addresses hold 1000 or more bitcoin. Fun fact: Bulgaria at one point was one of the biggest Bitcoin Whales. They were what we now classify a true ‘Blue Whale’, being in possession of at least 213,000 bitcoin. However, they didn’t invest: Bulgaria seized the bitcoins from the results of an organized crime crackdown.

More interesting stats

Some more interesting statistics about Bitcoin’s total shares:

  • Shrimps don’t own the fewest percentage of bitcoin: The Fish do.
  • 40% of all whales are blue whales.
  • Miners are in possession of almost 10% of all bitcoin shares.
  • Exchanges own 12% to 13% bitcoin.

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