How big banks are becoming 'Bitcoin whales'- QHN

The price of Bitcoin is close to its all-time high, thanks in large part to US finance giants.

Investment firms like Grayscale, BlackRock and Fidelity, are pouring billions of dollars into buying the volatile digital asset.

In the last few weeks, these powerful institutions have become so called ‘Bitcoin whales’.

In the last few weeks, these powerful institutions have become so called ‘Bitcoin whales’.

19 million have been created, but many are already accounted for and probably off the market.

So what other organisations or individuals are Bitcoin whales, and what does the shift in wealth mean for the digital currency that was originally created as a peer-to-peer internet money?

The figures below are estimates gathered from direct research and published information, but should give a good overview of how Bitcoin is distributed. Our data collection ended on the morning of 29 February.

The price of Bitcoin is close to its all-time high, thanks in large part to US finance giants.

In the last few weeks, these powerful institutions have become so called ‘Bitcoin whales’.

Investment firms like Grayscale, BlackRock and Fidelity, are pouring billions of dollars into buying the volatile digital asset.

19 million have been created, but many are already accounted for and probably off the market.

In the last few weeks, these powerful institutions have become so called ‘Bitcoin whales’.

In the last few weeks, these powerful institutions have become so called ‘Bitcoin whales’.

19 million have been created, but many are already accounted for and probably off the market.

So what other organisations or individuals are Bitcoin whales, and what does the shift in wealth mean for the digital currency that was originally created as a peer-to-peer internet money?

The figures below are estimates gathered from direct research and published information, but should give a good overview of how Bitcoin is distributed. Our data collection ended on the morning of 29 February.

#big #banks #039Bitcoin #whales039

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