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Visualizing the 15 Most Valuable Bitcoin Addresses

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A Bitcoin address is a unique identifier consisting of 26 to 62 alphanumeric characters used to receive bitcoins.

These addresses serve as the destination for transactions on the Bitcoin network, ensuring that funds are sent to the correct recipient.

This graphic ranks the 15 most valuable Bitcoin addresses globally as of May 2024, based on BitInfoCharts’ Bitcoin Rich List.

How Bitcoin Works

Bitcoin is considered the world’s most valuable digital currency.

Unlike fiat currencies such as the U.S. dollar, which central banks back, a cryptocurrency like Bitcoin is supported by an underlying blockchain. This blockchain records every Bitcoin transaction in a public, decentralized, and distributed ledger.

Every time bitcoins are spent, a digital transaction record must be validated and added to the blockchain. Miners undertake this task, legitimizing and auditing Bitcoin transactions while earning bitcoins as a reward.

34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo

According to BitInfoCharts, the world’s top Bitcoin address dates back to October 2018, with a balance of 0.1 BTC (worth $660 at the time).

Since then, it has experienced several massive swings in value, reaching 180,000 BTC ($1.7B) in November 2019 and then falling to 1,370 BTC ($9.4M) in April 2020.

RankBalance (BTC)Value (USD)Address

1248,597$17.5B34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo

2180,010$12.7Bbc1qgdjqv0av3q56jvd82tkdjpy7gdp9ut8tlqmgrpmv24sq90ecnvqqjwvw97

3136,295$9.6Bbc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2

494,643$6.7Bbc1qazcm763858nkj2dj986etajv6wquslv8uxwczt

582,833$5.8B3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6

679,957$5.6B1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF

778,317$5.5Bbc1q8yj0herd4r4yxszw3nkfvt53433thk0f5qst4g

875,354$5.3Bbc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4

975,177$5.3B3E97AjYaCq9QYnfFMtBCYiCEsN956Rvpj2

1069,370$4.9Bbc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6

1168,200$4.8B3LYJfcfHPXYJreMsASk2jkn69LWEYKzexb

1266,975$4.7B1Ay8vMC7R1UbyCCZRVULMV7iQpHSAbguJP

1359,300$4.2Bbc1qd4ysezhmypwty5dnw7c8nqy5h5nxg0xqsvaefd0qn5kq32vwnwqqgv4rzr

1453,880$3.8B1LdRcdxfbSnmCYYNdeYpUnztiYzVfBEQeC

1551,830$3.6B1AC4fMwgY8j9onSbXEWeH6Zan8QGMSdmtA

Beginning in late 2020, this address began accumulating bitcoins at a rapid pace, reaching 300,000 BTC ($10.3B) in July 2021.

Since January 2023, its BTC balance has remained constant at around 248,597 BTC.

If you enjoyed this post, check out Ranking the Largest Bitcoin ETFs in the U.S. In this graphic, we rank the top eight Bitcoin ETFs in the U.S. by their total assets under management.

The post Visualizing the 15 Most Valuable Bitcoin Addresses appeared first on Visual Capitalist.

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