Glassnode: 31.2% of Bitcoin Supply Held in Addresses With Public Keys Exposed

Glassnode estimates that addresses with public keys already visible on the blockchain hold 6.26 million bitcoin, representing 31.2% of the cryptocurrency’s supply.

Bitcoin.com News valued those holdings at more than $500 billion. According to Glassnode, the amount of bitcoin in this category is increasing.

The figures come amid market concerns about AI and cryptographic security. Public keys are distinct from the private keys needed to authorize spending; their visibility alone does not mean the funds have been compromised.