Some of crypto’s rarest and largest ocean dwellers are quickly becoming endangered this year—in fact, the number of Bitcoin’s biggest whales has dropped to its lowest point in history.
Blockchain journalist Colin Wu tweeted the data from blockchain metrics site Glassnode earlier this afternoon. As of today, the number of Bitcoin addresses holding 1,000 Bitcoins or more is at a record low of 82.
According to Glassnode, the number of addresses with current holdings of ≥ 10,000 Bitcoins has dropped to the lowest level in history, with only 82 Bitcoin addresses holding ≥ 10,000 Bitcoins. pic.twitter.com/78e6Lwi7Ys
— Wu Blockchain (@WuBlockchain) October 17, 2021
The last time this number was so low was on December 15, 2012, about four years after Bitcoin launched. Then, just 81 wallets held 1,000 Bitcoins or more, and each Bitcoin was worth $13.51. Today, the number one cryptocurrency by market capitalization is worth $60,757—roughly 450,000% higher than it was back in
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