Thousands of crypto money projects that share the $ 1.2 trillion volume of the market fill their wallets as well as individual investors. In this article, let’s examine the largest altcoins and Bitcoin’s wealth distribution.
Here is the server distribution among the biggest altcoins
Ethereum (ETH)
According to Coincarp.com statistics, there were a total of 235.6 million ETH holders on June 22. Among the 235 million unique addresses holding ETH, the top 10 wallets control 31.15% of the ETH supply. The top 50 wallets account for 38.92% of the ETH supply, while the top 100 addresses hold 44.34% of the supply of ETH. Unlike BTC, nine of the top 10 ETH wallets are exchange wallets.
Tether (USDT)
Tether (USDT) is among the largest altcoins as a stablecoin. It is however printed on multiple Blockchains. The research in this post only deals with USDT minted in Ethereum. As of June 22, there are 4,369,987 ETH-based wallets holding USDT.
Among them, the top 10 holders account for 18.56% of USDT in circulation. The top 50 owners own 35.87% of the supply. Tether’s top 100 wallets account for 42.74% of USDT according to the ERC20 standard. It is worth noting that every wallet in the top 10 rich list for ERC20-based USDT is tagged as an exchange address.
BNB Coin (BNB)
Similarly, BNB has rich listings on both Ethereum and BNB networks. In this article, we have taken the ERC20 list as a basis for the supply of BNB. About 281,987 holders own BNB, and the top 10 wallets control 47.61% of the supply. The top 50 BNB wallets account for 64.91% of the supply, while the top 100 wallets represent 70.95%. Of the top 10 BNB addresses, only two wallets were swap wallets. For additional reference, a quick glance at BNB Chain statistics reveals 2,650,397 BNB holders. However, the top 10 wallets on these networks hold 97.25% of the supply.
USDC
Once again, USD Coin (USDC) is a stablecoin minted on multiple Blockchains. In this study, we took a look at statistics based on ERC20. There are 1,648,279 identified addresses holding USDC, and the top 10 wallets control 16.09% of the supply according to the ERC20 standard. The top 50 addresses account for 33.05% of USDC’s supply, while the top 100 addresses account for 41.79%. Eight of the top 10 USDC wallets have been labeled as decentralized or decentralized exchange platforms.
XRP
XRP has a total of 4,661,405 investors, with the top 10 wallets controlling about 10.8% of the cryptocurrency supply. Additionally, the top 50 XRP wallets account for 16.08% of the total supply, while the top 100 wallets hold about 32.9%. Notably, three of the top 10 wallets are held by cryptocurrency exchanges.
OCD
Moving to OKB, it currently has 50,814 investors. Among them, the top 10 wallets manage 22.26% of the token supply. Also, the top 50 OCD owners own 22.66% of the total supply, while the top 100 owners own 23.16%. It is worth noting that three of the top 10 OKB wallets are labeled as exchange addresses.
Cardano (ADA)
Among other whale-heavy altcoins, Cardano currently has 3,577,963 unique addresses holding ADA. Among them, the top 10 wallets hold 9.38% of the supply, while the top 50 ADA wallets manage 15.57%. Additionally, the top 100 wallets hold 20.61% of ADA’s supply as of June 22. According to Coincarp.com metrics, none of the top 10 ADA wallets are labeled as exchange platforms.
Dogecoin (DOGE)
Dogecoin currently has 5,406,500 investors. The top 10 wallets manage a significant portion of DOGE’s supply, accounting for 46.11%. Also, the top 50 DOGE addresses hold 60.87% of the supply, while the top 100 wallets hold 66.29% of the total supply.
Left (LEFT)
Solana’s rich list reveals that 9,154,449 addresses currently hold SOL. Among them, the top 10 wallets hold 10.39% of the supply. Additionally, the top 50 SOL wallets currently hold 24.88% of the total supply, while the top 100 wallets manage 32.69% of all SOL in circulation. It’s worth noting that Coincarp.com’s metrics do not show exchange-tagged wallets for both DOGE and SOL rich listing data.
Bitcoin (BTC)
According to current statistics dated June 22, 2023, the number of unique addresses holding BTC today is approximately 48,304,381. Among these addresses, the top 10 wallets have 5.32% of the total supply. The top 50 Bitcoin holders control 10.68% of the supply, while the top 100 BTC own 13.50% of the circulating supply. Also, three of the top 10 BTC addresses were identified as exchange-operated wallets.
As Cryptokoin.com reported, Bitcoin options with a value exceeding $ 250 million today are about to expire. Prior to this, Bitcoin manages to maintain its position above 30 thousand dollars.
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