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Cryptocurrency News Articles

title: Bitcoin Shrimp Addresses Holding Less Than 1 BTC Drop to 260K from 590K Peak

May 23, 2025 at 03:09 am

The number of Bitcoin wallets holding less than one BTC, often referred to as "shrimp" addresses, has declined sharply to approximately 260000

title: Bitcoin Shrimp Addresses Holding Less Than 1 BTC Drop to 260K from 590K Peak

The number of Bitcoin (BTC) shrimp addresses, defined as wallets holding less than one BTC, has dropped to about 260,000 as of May 2025.

The number of Bitcoin (BTC) shrimp addresses, defined as wallets holding less than one BTC, has dropped to about 260,000 as of May 2025.

This marks a sharp decrease from the peak of around 590,000 shrimp addresses in 2021 and the 490,000 observed at the 2024 all-time high.

This marks a sharp decrease from the peak of around 590,000 shrimp addresses in 2021 and the 490,000 observed at the 2024 all-time high.

The current level is nearly a four-year low, indicating a significant reduction in the number of small Bitcoin holders.

The current level is nearly a four-year low, indicating a significant reduction in the number of small Bitcoin holders.

This trend indicates that fewer individuals own a full Bitcoin now compared to a year ago, suggesting a potential capitulation in small-scale Bitcoin ownership.

This trend indicates that fewer individuals own a full Bitcoin now compared to a year ago, suggesting a potential capitulation in small-scale Bitcoin ownership.

Original source:thedefiant

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