My journey in the market began as a shrimp, navigating the deep waters with only a small stake. It wasn’t easy, battling the waves and trying to stay afloat among the larger players. But I've fought through the tides, learning along the way, and now I'm working my way up, aiming to at least make it to the level of a crustacean. 🦀 Every step has been a challenge, but I’m determined to keep pushing forward and grow my position in this crypto ocean🌊!

Glassnode classifies Bitcoin holders by the size of their holdings, ranging from "shrimps," who own less than 1 BTC, to "humpback whales," who hold over 5,000 BTC.

The other categories include crabs,octopi , fish, dolphins, and "sharks"

Smaller investors, like shrimps, collectively own less than 5% of the total Bitcoin supply. In contrast, whales control almost a third of all mined Bitcoin, with humpback whales holding around 40% of that share. Miners possess nearly 10% of the overall supply, while exchanges hold 12.7%.

Despite this, most Bitcoin holders are small investors. According to Grayscale's November 2023 report, 74% of Bitcoin addresses hold less than 0.01 BTC. Show Less