Bitcoin retail investor holdings of up to 10 BTC are still going strong despite crypto winter

The crypto price crash did not scare retail investors away from acquiring supply holdings, Diar writes. After a slow year, 2019 has already seen 3 percent growth in addresses holding between 1 and 10 Bitcoin, continuing an upward trajectory for the segment.

According to Diar, the rounded holdings, which average between 1 and 10 Bitcoins, suggest the addresses likely belong to retail investors—not exchanges or cold-storage. Moreover, most of the wallets appear to have been made for saving purposes; 97 percent of those which hold 5 or 10 Bitcoins have not made any transfers since their creation.

While these rounded holdings only account for 10 percent of the circulating Bitcoin supply, their ongoing growth could eventually turn into a significant slice of the pie. Diar notes that larger holdings between 10 and 1,000 Bitcoin have suffered a 6 percent decrease since last year which could possibly signify a declining interest from wealthier investors.