Quartz·2 min read·medium
More than half of all bitcoin can't be tied to a known owner, Galaxy found
✦AI Summary
A report by Galaxy Digital indicates that over 50% of all existing Bitcoin cannot be linked to a known owner. This suggests a significant portion of the supply is held in self-custody, lost in inaccessible wallets, or managed by unidentified institutions.
Why it matters
Understanding the distribution and liquidity of Bitcoin is essential for market analysis and assessing the asset's true circulating supply.
The unattributed coins may belong to individuals in…
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cryptobusinesseconomy
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