Where do you stand? New analysis shows: This is how many Bitcoins the average investor owns today

July 7, 2021

Where do you stand? New analysis shows

Crypto statistics can provide interesting insights into the nature of the markets. A renowned on-chain analyst now shows in an analysis how many Bitcoins the average long-term investor (so-called HODLer, from the English term "to hold") currently owns - and has already owned over the course of Bitcoin's history.

Bitcoin whales over time

Data and statistics play an important role in the crypto industry: they show trends, provide indications of coming price developments or enable deeper analyses, for example of the available capital of market participants. The popular on-chain analyst Willy Woo has now commented on precisely the latter.

He writes in a new tweet, citing information from crypto data provider Glassnode, what amount of Bitcoin HODLers have owned over the years. The result: while the average HODLer still owned 1000 BTC in October 2009, in May 2011 it was only 100 Bitcoins. In January 2014, on the other hand, this value was only 10 BTC, followed by 1 BTC in April 2019. Today, the average Bitcoin HODLer owns "only" 0.69 BTC - but these are worth considerably more than before!

This is how many Bitcoins HODLers own on average:

  •    October 2009: 1,000 BTC
  •     May 2011: 100 BTC
  •     January 2014: 10 BTC
  •     April 2019: 1 BTC
  •     Today: 0.69 BTC

Important here: In 2009, 1,000 BTC was of course worth much less than it is today. Woo himself admits: In October 2009, when the average Bitcoin user was still a whale with 1,000 BTC, Bitcoin was at a completely different price level.

Bargain: 100 Bitcoins for 300 dollars

To give you an idea of how the average HODLer's capital has changed over time, here's a conversion: In October 2009, 1,000 BTC were worth just 1 dollar. Today, a quarter of a Bitcoin - i.e. 0.25 BTC - costs 8,430 dollars. The cryptocurrency number 1 has developed as follows in the past years:

    May 2011: 100 BTC = 300 dollars
    January 2014: 10 BTC = 9300 dollars
    April 2019: 1 BTC = 5,000 dollars
    Today: 0.69 BTC = 23,250 dollars

Woo also explains, "Of the many Bitcoin whales from the early days of the coin, there are not many left today. There are still a total of 2,000 Bitcoin whales - but most of them are now institutions or crypto exchanges.

It shows: The value of the hijacked Bitcoins is increasing more and more - and the number of hijacked Coins is decreasing. Crypto podcaster Brad Mills comments bullishly:

   "If you buy 0.1337 BTC today and hold it for 10 years, you will be part of the global elite class."

MyEtherWallet is probably the most popular Ethereum web wallet. For now, paper wallets are one of the best Ethereum wallets for long-term storage. When properly created, they are totally offline and impossible.

volume halved

About the author

Hi there, my name is Zalman Weinberg. I'm enthusiast with over 7 years of experience in cryptocurrencies and blockchain. Professional Trader providing Blockchain solutions to Startups and Enterprises. Expert in all cryptocurrency exchange APIs (BitMEX, Bittrex, Binance, Bitfinex, Kraken, Poloniex, Gdax etc.). I have also worked with multiple Forex broker APIs.

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