A few people have large amounts of bitcoins. These people are known as “bitcoin whales.” Here is a list of the top ten bitcoin holders across the world. Check out the quantum-code.appGet more information about Bitcoin trading.
1. Satoshi Nakamoto – 1,521,054 bitcoins
Satoshi Nakamoto, the founder of Bitcoin and the first person who mined bitcoins, is the man behind it all.
2. The Winklevoss Twins – 1,011,011 bitcoins
American entrepreneurs, The Winklevoss Twins, are famous for their lawsuit against Mark Zuckerberg. Later, they became well-known for their bitcoin investments.
3. BitFury – 700,000 bitcoins
BitFury, a bitcoin mining company, owns a large quantity of bitcoins.
4. BTC China – 618,592 bitcoins
BTC China is the country’s leading bitcoin marketplace.
5. Coinbase – 500,000 bitcoins
Coinbase is a popular cryptocurrency exchange and bitcoin wallet service in the United States.
6. Mt. Gx – 460,000 bitcoins
Mt. Gox was previously the world’s biggest bitcoin marketplace. It collapsed in 2014 after hackers stole millions worth of bitcoins.
7. Roger Ver – 352,000 bitcoins
Roger Ver was a pioneer in bitcoin investing and advocate. He is also the founder at Bitcoin.com.
8. Andreas Antonopoulos – 232,000 bitcoins
Andreas Antonopoulos (Bitcoin expert and author) is his name. He has spoken at many bitcoin conferences around the globe.
9. Charlie Shrem – 192,000 bitcoins
Charlie Shrem is a Bitcoin enthusiast and entrepreneur. He is also one of the Bitcoin Foundation’s co-founders.
10. YSB – 172,000 bitcoins
YSB is a Chinese Bitcoin mining company that has many bitcoins. Bitcoin, the original cryptocurrency and the internet’s first decentralized digital currency, is still very much in the news.
The current price action and the fact that the technology is still in its early stages have prompted more media interest in Bitcoin than ever. You may want to find out how many people have Bitcoin.
Bitcoin’s price fluctuates. Each time the bitcoin price went up, a new group would be interested in purchasing it. Around those times, they were waiting for the price to go down, but they didn’t know the actual value of bitcoin.
The price of bitcoin was always rising and falling with each new ICO or movie. The price of bitcoin would drop if the number of buyers was greater than the number sellers. These are the top 10 bitcoin owners around the world.
How does bitcoin’s top holders impact its value?
Bitcoin is peer to peer computerized cash that can be sent from one person to the next. Bitcoin is a decentralized digital currency that is not controlled by any central authority or corporation. Bitcoin’s value varies due to a few significant reasons, but the overall trend is negative.
If bitcoin demand is greater than the available supply, the bitcoin prices will go up.
The price of bitcoin will fall if there is less demand than supply. So now, let’s take a look at how the top bitcoin holders have affected the value of bitcoin.
BitFury 21 Inc. and Coinbase are the top three bitcoin holder companies. These three companies represent more than 25% of total bitcoin supply. Their presence has also had an impact on bitcoin’s price.
BitFury, for example, announced in November 2015 that it had raised $20 Million in funding. This pushed the bitcoin price up by 5 percent. The price of bitcoin rose 10 percent when 21 Inc. announced it had raised $116million in funding in January 2016.
Coinbase is no exception. Coinbase added support for Litecoin in July 2016 and the bitcoin price jumped by 5%.
It is evident that bitcoin prices are influenced by the top bitcoin holders. Moreover, their existence will continue to influence bitcoin’s value in the coming years.
Conclusion
You have seen the impact of the top bitcoin owners on bitcoin’s value. Their existence has affected bitcoin’s value. In the coming years, they will be reflected in bitcoin’s value. You also learned about bitcoin’s history and how it works.
