Supply Held by Entities with > 100k BTC
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Om detta mått
Vad det mäter
This series adds all BTC held by entities with combined balances above 100,000 BTC. Addresses attributed to the same controller are consolidated before the threshold is applied, producing the supply in the largest entity balance tier, measured in BTC.
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A larger total means more coins are concentrated in the biggest identified entities; a smaller total means less. Holdings reached about 5.820 million BTC on February 15, 2026, compared with about 4.344 million BTC at the May 2020 halving. Such growth describes concentration at the controller level.
Large custodial services can hold coins for many owners, so controller concentration is not the same as beneficial ownership concentration. This is an open-ended band: a newly qualifying entity brings in its entire balance, and attribution revisions can create jumps without an equivalent change in underlying customer exposure.
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- Datapunkter
- 6,508
Vanliga frågor
Does this metric prove a few people own millions of BTC?
No. One entity may be an exchange or custodian representing many customers. The metric follows inferred control of addresses, not verified beneficial ownership.
Why can the above-100k BTC total jump abruptly?
An entity moving above 100,000 BTC enters with its full balance, not just the amount above the threshold. Revised clustering or newly attributed addresses can also shift large amounts into the band.
Is this balance already a percentage of Bitcoin supply?
No. The value is an absolute BTC amount. A supply share would require dividing it by circulating supply on the same date.
