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How bitcoin’s ‘one percent’ control the lion’s share of the cryptocurrency

Approximately 0.01% of bitcoin holders control 27% of the 19 million bitcoin in circulation

It’s good to be the bitcoin 1%. The top bitcoin holders control a greater share of the cryptocurrency than the most affluent American households control in dollars, according to a study by the National Bureau of Economic Research.

The study showed that the top 10,000 bitcoin accounts hold 5 million bitcoins, an equivalent of approximately $232bn.

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