As of the latest data, there are 54,411,314 positive Bitcoin addresses holding a total of 19,760,011 BTC. Of these, 12,423,601 addresses hold more than 1,000,000 Satoshis, collectively representing 19,709,087 BTC. According to data from timechainindex.com, approximately 155k addresses belong to non-individual entities such as exchanges, corporations, over-the-counter (OTC) traders, governments, ETFs/ETPs, custodians, and dormant Coinbase rewards from before 2014, holding a combined total of approximately 8.1 million BTC. This leaves approximately 12.27 million addresses, likely held by individuals, collectively accounting for approximately 11.6 million BTC. Assuming each address represents one individual, this suggests that only 0.15% of the global population holds a significant amount of Bitcoin. This highlights how early we are in the broader adoption of Bitcoin, with current levels still falling short of many expectations. Despite increasing awareness and institutional interest, only a small fraction of the global population currently holds a meaningful amount of bitcoin, showing that widespread adoption is still in its early stages. Note: Individuals with balances held on exchanges or in ETFs are excluded from this statistic, as they do not directly own Bitcoin but instead hold Bitcoin IOUs. image
🚨🚨🚨 Upbit/Mr.100 Update: X user: @CoinsectChris agreed to help me by providing me with one of his Upbit deposit addresses, after tracking one of the transactions (mempool.space/tx/e5f94595774…) which is a deposit addresses consolidation into one of Upbit hot wallets (3DBstx7FJGSsXd8ibuVQe8QWm1BnTdNLFy), tracking the transactions from that wallet, the funds ended up in wallet (32ubrAmhtUoebPQDLi12ZsnxjmnMiUsryV) which has a lot of transactions with the wallet known as Mr.100 (1Ay8vMC7R1UbyCCZRVULMV7iQpHSAbguJP) So here it is a definitive proof that the addresses belong to Upbit on the surface. View quoted note →
No one is ready for the biggest hack in history image
This Upbit/Mr.100 saga will never end Looking at the addresses coming into Upbit for the past month, almost all the funds are coming from Bithumb which is also a South Korean Exchange which in turn is being funded from Binance. Bithumb had an address which was created from consolidations of Bithumb Deposit Addresses worth 5,000 BTC on 13 Aug, 2024, then that address keep splitting into UTXOs of 10 BTC into address (31wXuLH5AKBWoZsK4VJS5wG75nTUAWYnWf) and almost all these funds go into Upbit slowly then consolidated into UTXOs of ~100BTC into Upbit/Mr.100 address. Upbit was also directly heavily funded from Exchanges like Binance/OKX/Bybit. Are Upbit/Bithumb recruiting all these fake users to purchase all these funds from different exchanges on behalf of some wealthy Asian business men/governments or is this just one big money laundering scheme? only time will tell
Since the Bitcoin halving on April 20, 2024, up until last night (August 31, 2024), a total of 19,303 blocks have been confirmed on the Bitcoin network. During 62 Days: block production was above average, with a total of 9,686 blocks, averaging approximately 156 blocks per day. During 72 Days: block production was below average, with a total of 9,617 blocks, averaging approximately 133 blocks per day. Overall Average Block Production Rate: 144 blocks per day. Mining Difficulty: Increased from 86.39T to 89.47 T. Monthly Average Hash Rate: Rose slightly from 636 EH/s to 638 EH/s. image
🚨🚨🚨 2009 Coinbase Rewards On The Move: An address worth 1,225 BTC moved after 10 years of being dormant, they sent 1 BTC to kraken and sent the rest to a change address. Looking back few hops, the funds originated from Feb-Mar 2009 Coinbase Rewards, with a total of 4,000 BTC. First consolidation of 2,000 BTC Related to the transaction happening today () Second consolidation of 2,000 BTC which received 50 BTC from the first consolidation and additional Coinbase Rewards () Today's Transaction () image
₿ Distribution image
utxoset.timechainindex.com Updates: UTXO Set Growth YTD: From 153,273,304 to 185,396,457 (+20.95%) Dormant UTXOs: - 3+ Months: 17,018,915 BTC (90.22%) - 6+ Months: 15,417,421 BTC (78.48%) - 12+ Months: 12,975,104 BTC (51.12%) Unspent Coinbase Rewards: Total: 1,773,118 BTC - 2009: 1,074,602 BTC - 2010: 578,533 BTC