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55 percent of all Bitcoin's Supply is in Whales!

All Bitcoin55 percent of the supply of whales!

According to the newly published report, Bitcoin more than half of the supply is kept in only 1% of the wallets. Bitcoin whale Bitcoin the name given by the market to the users. An example of this is that in November 12th of 2017, 25,000 Bitcoin ie about 159 million Bitcoinhas moved to an online stock market. Then he created a big wave through news forums because Bitcoin traders were discussing whether the owner was about to sell. In such cases, whales provide fear to many investors. Some argue that this is no different from the more established markets. Other investors say the whales will not abandon their property because they believe in the long-term potential of the medallions. Sebastian Kinsman, who lives in Prague and trades in money, said, yaşayan Bitcoin and I believe that these whales with bitcoin cash do not want to destroy both. ve

The smallest whale in the hands of circulating Bitcoin supply 200 BTC there is

the Blockcha research unit Diar worth less than 1% of all wallet addresses worth $ 100 billion BitcoinHe discovered that he had. According to Diar, Bitcoin55% of more than 200 BTCis controlled by wallets. This shows that each account is worth at least US $ 1.25 million. Ordinary investors have an even greater disadvantage in smaller digital currencies and tokens. Among the money people invest in, Bitcoin has the least concentrated ownership, says Spencer Bogart, Managing Director and Research President at Blockchain Capital.

In addition, all the whales BTCOne third of the 's were never used for outgoing operations. In other words, BTCAfter the receipt, the wallets have never been checked out. Also Diar, BTC said that around 3.8% of its supply is in five wallets known to be held by major exchanges.

One third of the bitcoin supply is in the hands of 1,600 people

the Blockcha An analysis in April by analytical firm Chainalysis confirms the information shown by Diar. According to Chainalysis, Bitcoin one third of its supply is in the hands of 1,600 people. Also, in April report Bitcoin 30% of the supply is changed. Diar also, some Bitcoin's passwords for owners who have forgotten their hand in the wallet explains.

Related Topics:whale Bitcoin bitcoin balines bitcoin whales crypto guide crypto coins heading

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph