Definition
- The relative supply distribution across addresses with specific balance bands. Only supply in Externally Owned Addresses (EOAs) is included, supply in contracts is excluded. Therefore the numbers are relative to the total supply held in EOAs.
- The relative distribution of the Bitcoin circulating supply held by addresses with specific balance bands.
Quick Take
- Stark difference between the supply holdings of addresses for both Bitcoin and Ethereum.
- Roughly over 55% of addresses hold 10,000 ETH or more.
- This is broken down by 26% of addresses that own 100,000 ETH, while 30% of addresses own anywhere between 10,000 and 100,000 ETH.
- Concentration with whale holdings is much smaller in Bitcoin, with 13% of addresses holding 10,000-100,000 Bitcoin. While 3.5% of addresses hold 100,000 BTC or more.
The post Ethereum’s distribution problem: over 50% of tokens held by wealthy addresses appeared first on CryptoSlate.