Bitcoin’s recent downturn hasn’t dampened investor appetite. In fact, new data shows fresh demand entering the market even as prices correct, highlighting how elusive it’s becoming to secure a full 1 BTC.
Blockchain analytics firm Glassnode reported that first-time buyers increased their holdings by roughly 50,000 BTC over the past week, pushing total supply owned by newcomers to nearly 5 million coins.
Yet, despite this inflow, acquiring a whole Bitcoin has rarely been more difficult.
A study by CoinGecko revealed that only around 1 million wallet addresses worldwide hold at least 1 BTC — a number that has barely grown since 2018.
Most of these “whole coiners” bought in during Bitcoin’s early days, when the asset traded near $1,000. The surge in institutional adoption since 2024 has only intensified the challenge, concentrating more coins in fewer hands.
Taking into account lost keys, exchange reserves, and institutional holdings, analysts estimate fewer than 4 million BTC are realistically available to the public.
That scarcity turns owning a full Bitcoin into a milestone of status rather than necessity, especially as price models predict single coins could eventually be worth $500,000 to $1 million. At those levels, even 0.1 BTC could represent significant wealth.
Industry voices have echoed this idea. Binance’s former CEO Changpeng Zhao once argued that 0.1 BTC could become the new “American Dream,” surpassing traditional assets like real estate in value.
Meanwhile, Bitcoin’s volatility has quietly been trending lower, dropping to its lowest point in five years. Analysts note it is now less volatile than major tech stocks such as Nvidia, a sign of maturity that is making the asset more attractive to large institutions — even if retail investors miss the thrill of wild price swings.
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Source: https://coindoo.com/only-1-million-people-hold-1-bitcoin-will-you-ever-join-them/