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Over 55% of Bitcoin holdings remain unattributed, highlighting limits of public ledger data.

Protocol Fundamentals
27 Oct 2026, 23:13 WIB
Tokenpost
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Neutral
Over 55% of Bitcoin holdings remain unattributed, highlighting limits of public ledger data.

Galaxy Research's October chart reveals that 55.1% of Bitcoin's total supply, about 11.1 million BTC, is categorized as unattributed, meaning the public ledger does not identify the holders. Exchanges hold 17.9%, ETFs and funds 6.0%, and 5.6% is linked to the Patoshi mining pattern, which indicates mining activity but not ownership. This highlights the challenge in pinpointing exact Bitcoin ownership despite public transaction records, as addresses do not reveal the identities behind them.

Bitcoin ownership distribution is highlighted by Galaxy Research's finding that 55.1% of its total 20.1 million BTC supply is unattributed, meaning the holders are not publicly identified. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 28, 2026 03:01 WIB: out of 50 major cryptocurrencies, 30 rose and 19 fell. Notable movers include BAT with a 4.24% increase and 93% buy order activity, BCH up 4.00% with 97% sell orders, and GRT rising 3.42% with 97% sell orders.

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