5 countries hold 510,000 bitcoins, China ranks second!
The bitcoins in Mentougou have dropped by $5,000 after being transferred to the exchange. In fact, there are very few bitcoins in circulation.
I believe everyone knows the principle of quarreling chopsticks, that is, the market value of bitcoin seems to be very large, but the total amount of bitcoins is 21 million, and the actual circulation is less than 2-5 million. Many early holders did not realize that bitcoin may soar in the future, so many addresses have lost their private keys.
A well-known event is that in the past few years, Tesla once publicly held bitcoins, but at the end of the last bull market, all of them had been sold off.
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We can look at the bitcoin holdings in major countries around the world. After all, bitcoin is now the ninth largest asset in the world. In the current situation where all countries are running the printing press at full capacity, more and more people will allocate part of this asset that will not inflate but only deflate.
