Over 11 million BTC can't be linked to any known owner
Galaxy Research said unidentified wallets still hold more than 11.1 million bitcoin, underscoring how self-custody and lost keys obscure ownership.
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5 Articles
Who owns Bitcoin? Galaxy finds 55% of BTC supply remains unidentified
More than 11 million Bitcoin have remained outside the ownership records of major blockchain research firms, with Galaxy Research estimating that 55% of the cryptocurrency’s circulating supply cannot be linked to any known individual or institution. According to Galaxy’s October…
The latest report from Galaxy Research shows that as many as 11.1 million Bitcoins, representing approximately 55% of all resources mined so far out of a total supply of 20.1 million, are sitting in addresses without clear identification.
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coinstats.appOver 11 million bitcoin has no known owner. Here's what it means
Over 11 million bitcoin has no known owner. Here's what it means The large number of coins held in unidentified wallets shows that retail investors have been in this market for years, observers said. But this interpretation comes with a caveat. About 11.1 million bitcoin, or 55 percent of the…
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