Data: Over 20,000 Bitcoin addresses hold assets valued at more than $10 million, accounting for nearly 9.43% of BTC's total supply.

BlockBeats reported on June 17 that, according to data from Alphractal, over 20,000 Bitcoin addresses currently hold positions worth more than $10 million, with a total amount of approximately $200 billion. This accounts for nearly 9.43% of BTC's total supply and over 21% of the "Realized Cap."

The "Realized Cap" operates on the logic that when BTC is transferred into a wallet, it is considered a "buy," and when transferred out, it is considered a "sell." By calculating the average cost basis of each wallet × the amount held, the total "Realized Cap" of the network can be determined. This metric reflects the total capital that has entered the Bitcoin market through actual on-chain activity.