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Home » Typography Elements » US Government and Miners Hold Approximately 423 Million BTC Accounting for 27 of Total Circulating Supply
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US Government and Miners Hold Approximately 423 Million BTC Accounting for 27 of Total Circulating Supply

By adminJan. 1, 2023No Comments1 Min Read
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US Government and Miners Hold Approximately 423 Million BTC Accounting for 27 of Total Circulating Supply
US Government and Miners Hold Approximately 423 Million BTC Accounting for 27 of Total Circulating Supply
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According to Glassnode data, the total combined BTC balance of all major entities is about 4.23 million, accounting for 27% of the total adjusted circulating supply (i.e. total supply minus BTC idle for over seven years). This includes:
– 862,000 BTC held by the US spot ETF;
– 141,000 BTC held by Mt. Gox trustee;
– 207,000 BTC held by the US government;
– 2.3 million BTC held by all exchanges;
– 706,000 BTC held by miners (excluding Patoshi).


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Source link:
https://x.com/glassnode/status/1800882699273421261
Note: All Bitpush articles represent the author’s views and do not constitute investment advice.

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