Over 1.8M Addresses Own $1,000 of Bitcoin (BTC) as to 1.5M Owning $1 of Litecoin (LTC)
There are more addresses with $1,000 of Bitcoin than the addresses that own $1 of Litecoin as per the latest stats.
Majority Owns $1 of Cryptos
A huge number of addresses own only about $1 of BTC. The majority of the addresses that is more than 16 million holds a very minimal amount of Bitcoin. Wheres addresses that own $1 of Bitcoin Cash (BCH) are four times less than that of Bitcoin at 4.7 million.
At the time of writing, the leading cryptocurrency Bitcoin has been trading at $5,244 while Litecoin is at $88. Meanwhile, Bitcoin Cash is trading at $301 while Bitcoin SV is at $80.
$100 – $1,000 Owners
When it comes to $100 of Bitcoin, less than half of the addresses that own $1 of the flagship cryptocurrency owns $100 of BTC that puts the addresses just above 5 million. In this range, 782k addresses own $100 of Bitcoin Cash followed by 705k addresses owning Litecoin. This time Bitcoin SV remains well below LTC at 462k addresses.
As the amount keeps on increasing the number of holders are decreasing as only 1.8 million addresses have $1,000 of BTC. Bitcoin Cash and Litecoin are closer to each other at 208k and 230k respectively with Litecoin addresses beating BCH at $1,000 of respective cryptocurrencies. Whereas just below 100k address own $1,000 of Bitcoin SV.
Less Than 450k Addresses Own $10,000 of BTC
Now comes even the bigger number that is $10,000 of the top cryptocurrency that only 431k addresses own. However, it is about four times the addresses that own $1,000 each of BCH LTC, and BSV combined together.
Bitcoin Cash beats Litecoin addresses by two times as there are nearly 68k addresses that own $10,000 of BCH in comparison to 30k of LTC. While just 10.6k addresses own $1,000 worth of Bitcoin SV.
Source: Coin Metrics
When it comes to active addresses, Bitcoin is without any doubt at the top as they remain above 430k. Just like Bitcoin, Litecoin has been maintaining consistency as well as it stays above 55k since November 2018.
Bitcoin Cash has been seeing various ups and down during this period as it jumps to 342k in early November to drop down to 10k soon after. Since then it moved through 20k active addresses. In March this years, it started seeing an uptick and went to 67k early this month.
Bitcoin SV, on the other hand, is extremely volatile as it jumps to above 330k only to go down to as low as 2k.