60% of BTC owned by .5% of wallets

60% of BTC owned by .5% of wallets

I looked up the number of Bitcoin wallets on [www.bitinfocharts.com](https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html) and, after not accounting for wallets with less than .1 BTC (1000 USD), I realized that less than 16000 (.5%) total wallet addresses control 60% of the current Bitcoin distribution. What kind of impact could this have on Bitcoin’s price and would it mean that it’s easily manipulated? What are your thoughts on such a heavy ownership concentrated by such a small minority?



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