The number of Bitcoin wallets holding less than one BTC, often referred to as "shrimp" addresses, has declined sharply to approximately 260,000 as of May 2025. This figure marks a substantial decrease from the peak of around 590,000 shrimp addresses recorded in 2021 and the 490,000 observed at the 2024 all-time high. The current level is near a four-year low, indicating a reduction in the number of small Bitcoin holders. This trend suggests fewer individuals own a full Bitcoin compared to a year ago, reflecting a potential capitulation in small-scale Bitcoin ownership.
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