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Topic: Who are you according to Glassnode classification? - page 2. (Read 336 times)

jr. member
Activity: 63
Merit: 1
need more categories below shrimp.. or just cay decishimp or centishrimp...
hero member
Activity: 3150
Merit: 937
This categorization is for fun purposes,I guess.It isn't accurate enough to be taken seriously.
I'm in the Shrimp category,like most of the forum members.Maybe there are a few crabs or dolphins here. Grin
It's really surprising that the "shrimps" own only 4.9% of all Bitcoins in existence.This is a really small percentage.I'm expecting small BTC owners to own more than 10% of all BTC.
If such small amount of BTC is owned by the ordinary people,this means that BTC is mainly used for investment/crypto trading purposes,and it will never be adopted as a normal currency.
This is pretty much expected and kinda sad at the same time.
legendary
Activity: 2072
Merit: 4265
✿♥‿♥✿
Glassnode has classified users who own bitcoins.

https://insights.glassnode.com/bitcoin-supply-distribution/
Shrimp (<1 BTC).
Crabs (1-10 BTC).
Octopuses (10-50 BTC).
Fish (50-100 BTC).
Dolphins (100-500 BTC).
Sharks (500-1000 BTC).
Whales (1000-5000 BTC).
Humpback whales (> 5000 BTC)



Analysts clarify that the calculations cannot show the true picture, they are rather superficial. The true division of bitcoin may look a little different.

Quote
1.Not all Bitcoin addresses should be treated equal. For instance, an exchange address holding the funds from millions of users needs to be distinguished from an individual's self-custody address.

2.A Bitcoin address is not an "account". One user can control multiple addresses, and one address can hold the funds from multiple users.


Glassnode noticed that the number of whales is regularly increasing, institutional investors are constantly buying bitcoin. They buy bitcoin for a long time and are not going to panic with any correction.

Ask yourself, "What species can you be?" Smiley
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