Top 10 Bitcoin Billionaires: Pro-XRP Lawyer Shocked as Max Keiser Misses Top Spot

The post Top 10 Bitcoin Billionaires: Pro-XRP Lawyer Shocked as Max Keiser Misses Top Spot appeared first on Coinpedia Fintech News

A recent tweet by the notable X account, Whale Chart, unveiled the top ten holders of BTC. At the forefront stands the enigmatic founder of Bitcoin, Satoshi Nakamoto, with an astounding 1.1 million Bitcoins, valued at over $29 billion today. But who are the mysterious faces behind these crypto fortunes? Let’s delve into the notable list and find out whose absence in the list irked Deaton. 

World’s Top 10 Bitcoin Holders

1️⃣ – Satoshi Nakamoto: 1.1 M BTC
2️⃣ – Grayscale: 643,572 BTC
3️⃣ – Binance: 498,147 BTC
4️⃣ – Bitfinex: 192, 508 BTC
5️⃣ – U.S. Government: 175,000 BTC
6️⃣ – Microstrategy: 152,800 BTC
7️⃣ – Block One: 140,000 BTC
8️⃣ – OKX: 118,334 BTC
9️⃣ – Robinhood:…

— Whale (@WhaleChart) September 18, 2023

Here’s the list of Top 10 Bitcoin Hodlers

Following suit are influential asset managers Grayscale, Binance, and Bitfinex, collectively clutching 1,334,227 Bitcoin. Notably, the US government holds 175,000 BTC. Other major players like Microstrategy, Block One, OKX, and Robinhood also possess substantial Bitcoin holdings. 

The industry is shocked to see the mysterious figures like the Winklevoss twins in the Tenth Position, Cameron and Tyler, founders of the Gemini exchange, who own 70,000 BTC, equivalent to $1.876 billion. Since Gemini is still under SEC radar for its Earn Program it will be interesting to see how the market reacts to their bitcoin holdings. 

The Curious Case of Max Keiser

Prominent pro-XRP attorney John Deaton expressed surprise at the absence of Max Keiser, a well-known Bitcoin advocate, from the list of the top Bitcoin holders. Deaton wondered why Keiser, despite his early involvement with Bitcoin, didn’t make the cut. He acknowledged Keiser’s substantial impact on the crypto community and highlighted Keiser’s significant generosity with Bitcoin, especially during its nascent stage when its value was considerably lower. 

I’d consider giving Alex Jones 10,000 #Bitcoin again but he’d just lose it, so what’s the point. https://t.co/n3mtjBc6OH

— Max Keiser (@maxkeiser) April 15, 2023

Looking at Keiser’s historical contributions, including giving away BTC when it traded at just $1, were underscored. Deaton speculated that Keiser’s absence from the top ten might be due to his philanthropic activities with Bitcoin. Earlier this year, Keiser had offered to gift 10,000 BTC to Alex Jones but expressed reservations as he believed Jones might not hold onto them. 

Understanding Bitcoin Ownership

Knowing who holds the most Bitcoin is crucial for several reasons. It provides insights into wealth distribution within the crypto market, a critical aspect of regulatory decisions and market predictions. While Bitcoin was designed to be decentralized, a concentration of ownership among a few entities challenges this principle. Understanding ownership distribution helps assess if the crypto market operates equitably and justly.

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