The extreme concentration of BUSD: 99% of supply owned by just 1% of addresses

2023-3-28 18:00

Quick Take The top 1% of addresses hold roughly 99% of the total supply of BUSD. A similar pattern occurred with the FTT token that was issued by FTX, where the top 1% holds 99% of the supply. Recent scrutiny comes after CFTC filing a lawsuit against Binance. Roughly $14 billion of BUSD has left exchanges since November 2022 — leading to BUSD trading volume dropping to the lowest it has been in eight months. BUSD Addresses: (Source: Glassnode) FTX Token: (Source: Glassnode)

 

BUSD: (Source: Glassnode)

The post The extreme concentration of BUSD: 99% of supply owned by just 1% of addresses appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Supply Shock (M1) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 M1

supply addresses busd extreme concentration owned cryptoslate

supply addresses → Результатов: 86


Bitcoin exchange supply maintains the drop, but will BTC’s resurgence change its fortune

Supply on centralized exchanges remains depleted despite an increase in Bitcoin network activity. Bulls might need to keep a cool head as 30-day SMA addresses had not finalized surpassing the 3The post Bitcoin exchange supply maintains the drop, but will BTC’s resurgence change its fortune appeared first on AMBCrypto.

2023-1-19 05:30


Объем USDC на адресах китов упал до двухлетнего минимума

Доля депозитов, принадлежащих 1% крупнейших USDC-адресов, достигла минимума за 22 месяца на отметке 88,667%. На это обратили внимание аналитики Glassnode. 📉 $USDC Percent Supply Held by Top 1% Addresses just reached a 22-month low of 87.

2022-8-23 16:15


On-Chain Data Shows Surge In Stablecoins Supply Pouring Into Bitcoin

On-chain data shows a recent rise in the number of stablecoin addresses sending to exchanges, suggesting an increase in dry powder supply pumping into Bitcoin. Stablecoins Exchange Inflow Addresses Count Recently Surges As pointed out by a CryptoQuant post, the number of stablecoin addresses making inflow transactions to exchanges saw a sharp rise yesterday.

2021-10-26 22:00


Almost 50% of Bitcoin supply is now owned by Whale addresses having more than 100 BTC

The market capitalization for bitcoin is $750 billion right now, and out of which, $366 billion worth bitcoin is held by long-term holders having anywhere between 100 to 10,000 bitcoins. It is repeatedly highlighted that we are in an accumulation phase and it is a great buying opportunity for investors with a visionary mindset.

2021-6-16 16:00


Фото:

DeFi Major Aave (AAVE) to Build on Polygon’s Scalable Layer 2 Platform

The decentralized lending platform built on the Ethereum blockchain, Aave says that it will scale its DeFi platform beyond its blockchain by joining several sidechains, including Polygon.  Aave Addresses Transaction Fees Block space supply today is scarce and limited, leading to the massive expansion of assets on the Ethereum blockchain. Since the “DeFi Summer” ofRead More

2021-4-2 20:00


Фото:

A Mysterious Dogecoin Address Absorbed 27% of the Supply, the Top 20 Addresses Captured 50%

Just recently, the crypto asset dogecoin has seen some significant price gains and on Wednesday, Tesla’s founder Elon Musk tweeted about the digital currency incessantly. While people have been discussing the dogecoin pumps and Elon’s suggestive tweets, crypto supporters have been discussing a single dogecoin address that holds 36 billion tokens or more than 27% […]

2021-2-6 20:30


Фото:

Bitcoin Supply Held By Whales Skyrockets As Glassnode Debunks High BTC Ownership Concentration Report

The distribution of bitcoin on various addresses on the bitcoin network shows whale accumulation and activity but isn’t an accurate measure of bitcoin ownership around the world. This is according to a report by Glassnode Insights seeking to clarify another report by Bloomberg, which claimed that up to 95% of all BTC in circulation is […]

2021-2-4 16:55


Tether: 115 addresses controlling 56% of total supply fuels centralization, manipulation concerns

One breed of coins that came out a winner following the Black Thursday crash was the stablecoin market. The world's most popular stablecoin, Tether's market cap rose as Bitcoin's own market cap dwindlThe post Tether: 115 addresses controlling 56% of total supply fuels centralization, manipulation concerns appeared first on AMBCrypto.

2020-5-5 19:30


As ETH Market Sentiment Changes, Top 100 Ethereum Holders Are Increasing Their Stake

Since the Ethereum (ETH) price has been consolidating in the last 2 weeks, the top 100 ETH holders have had their accumulation of ETH coins increasing, says the on-chain metric provider Santiment. Per a Santiment’s report, the first 100 Ether wallet addresses has accumulated higher percentages of the entire ETH supply in spite of the […]

2020-3-6 22:24