BTC was born on January 3, 2009 when Satoshi Nakamoto mined the genesis block, creating the first electronic currency. Since then, some wallets have accumulated large amounts of BTC.

🔹 More than 19.71 million BTC have been awarded to miners, leaving only 21 million BTC available.

🔹 About 1.86% of wallets hold more than 90% of the total available BTC. These people are called "whales".

Caroline Bowler, CEO of BTC Markets, shared:

- BTC concentration may raise concerns about market manipulation and liquidity.

- But also brings strategic advantages and monopoly opportunities.

Data from Exploding Topics:

- More than 46 million BTC wallets with at least $1.

- Only 4 wallets hold between 100,000 and 1 million BTC.

Phillip Lord, president of Oobit, said:

- Whales can influence BTC price but cannot change the protocol.

Jonathan Hargreaves, Elastos, emphasized:

- BTC centralization could change the fundamentals of Bitcoin.

Sasha Ivanov, Waves Tech, warns:

- Without a mechanism to prevent unfair distribution, whales can manipulate the market.

What do you think about this BTC concentration? Share your opinion! 💬#Bitcoin#Crypto #Blockchain