Data: Over 20,000 Bitcoin addresses hold a value of over 10 million USD, accounting for nearly 9.43% of the total BTC supply

According to Mars Finance news on June 17, data from Alphractal shows that currently over 20,000 Bitcoin addresses hold a total value of over 10 million USD, amounting to approximately 200 billion USD, accounting for nearly 9.43% of the total BTC supply and over 21% of the 'Realized Market Cap'. The logic of 'Realized Market Cap' operates by considering BTC transferred into a wallet as a 'buy' and transferred out as a 'sell'. By calculating the average cost basis of each wallet multiplied by the holding amount, the total 'Realized Market Cap' of the entire network can be derived. This metric reflects the total amount of capital that has entered the Bitcoin market through real on-chain activities.