Wallets with less than 1 BTC account for just 5% of Bitcoin’s market cap

[newshunter]

Wallets with less than 1 BTC account for just 5% of Bitcoin’s market cap

With the number of “wholecoiner” Bitcoin wallets holding at least 1 BTC increasing every year, the remaining addresses represent just 5% of Bitcoin’s market cap.

Source: Wallets with less than 1 BTC account for just 5% of Bitcoin’s market cap

Would appreciate your opinion about this

[bigcash2011]

This seems like more and more big investors are engulfing btc assets and this will lead to supply scarcity and hence the value of btc will fly sky high.

[KryptoBull]

This does not affect the decentralization of BTC, as the decentralization of POS coin only depends on the distribution of mining capacity globally.
The 95% - 5% figure shows that Vitalik Buterin's worries are real: the opportunity to own and use BTC is not equally divided among everyone. Altcoins are really essential to the crypto world

[robert20]

This is a indication that more and more real investors are adopting bitcoin.People with less than 1 BTC are buying more as they are making profit. As the demand increases price of BTC also increases whic give people more profit and they buy more bitcoin.But it is making it harder to own BTC for small investors.So they are going after altcoin.Which is making crypto industry bigger.

[Dora Walletinvestor]

This is so interesting to hear, I thought people not owning a whole bitcoin have a bigger share than this. I don't think this causes inequality though when it comes to the utility of bitcoin.