Bitcoin wealth distribution suggests 'continued new user growth'
Published by Rakshitha Narasimhan
ambcrypto.com
ambcrypto.com
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Yan Liberman, Co-founder at Delphi Digital, appeared on a recent podcast and spoke about Bitcoin’s wealth distribution and how it has changed over time, what whales have been up to recently, and more. Interestingly, Delphi Digital had released a State of Bitcoin report recently, one that analyzed Bitcoin’s wealth distribution over time.
This also coincided with the uptick in supply moving to smaller wallets, representing some level of new user adoption,” the report read. Sharing his thoughts on the same, Liberman further said, “The whale accumulation distribution – we have seen smaller wallets pick up and we also saw considerable growth in the number of wallets that hold 1000 to 10,000 Bitcoin
This also coincided with the uptick in supply moving to smaller wallets, representing some level of new user adoption,” the report read. Sharing his thoughts on the same, Liberman further said, “The whale accumulation distribution – we have seen smaller wallets pick up and we also saw considerable growth in the number of wallets that hold 1000 to 10,000 Bitcoin
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