Former Coinbase Software Engineer: About 2% of Bitcoin addresses control 80% of Bitcoin in circulation

According to BeInCrypto, Preethi Kasireddy, a former software engineer at Coinbase, said that about 0.21% of the bitcoin address controls about 55.69% of bitcoin. About 2.03% control 80.46% of Bitcoin. With further development, approximately 10.03% of people will own 89.29% of Bitcoin. This argument has led to concerns about structural inequalities in Bitcoin, but at the same time, there are also people who hold different views. Civic co-founder Vinny Lingham believes that this inequality is not sustainable. Dan Hedl, head of business development at Kraken, believes that data on the chain is unlikely to show the correct distribution of bitcoin.