Inventory of the latest chip distribution of major mainstream currencies such as Bitcoin and Ethereum

小葱区块链

特邀专栏作者

2020-02-24 15:04 (UTC+8)

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The concentration of chips of large Bitcoin and USDT players is declining.

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The concentration of chips of large Bitcoin and USDT players is declining.

Editor's Note: This article comes fromShallot blockchain, reprinted by Odaily with authorization.

The latest report of Coin Metrics analyzes the currency holding addresses of mainstream currencies such as Bitcoin, Ethereum, and Litecoin, and gives a recent chip distribution map.

bitcoin

Editor's Note: This article comes from

Shallot blockchain

bitcoin

Source: Coin Metrics Network Data Pro

Ethereum

Bitcoins are initially held by a few people and, over time, are distributed to millions of different addresses.

The ratio of the currency holdings of bitcoin giant whale addresses (holding at least one-thousandth of the total supply) to the total supply reached a historical peak of 33% in February 2011. As of February this year, this The figure has dropped to 11%. On the contrary, since 2011, the proportion of coins held by small addresses with a balance of 1/10,000,000th of the total BTC supply or less has been steadily increasing.

Ethereum

Source: Coin Metrics Network Data Pro

Litecoin

Unlike Bitcoin, Ethereum initially distributed ETH in a crowdsale. ETH started out with a highly concentrated supply, but gradually became more decentralized over time.

Source: Coin Metrics Network Data Pro

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Litecoin

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Source: Coin Metrics Network Data Pro

BCH inherited the chip distribution of Bitcoin when Bitcoin forked, but unlike Bitcoin, BCH's large address holdings have become more concentrated over time.