Investors Owning Less than 1 Bitcoin Continue Staking Sats
According to a recent analysis by the team at Glassnode, investors holding less than 1 Bitcoin, have been staking sats from early 2018 to date. This category of investors now owns 5.25% of Bitcoin’s circulating supply as explained in the statement below and accompanying chart.
Bitcoin accumulation by ‘sat stackers’ has continued slow, steady and uninterrupted for many years. Addresses holding less than 1BTC now own 5.25% of the circulating $BTC supply.
So far we’ve not seen a FOMO impulse like 2017 blow-off top.