Willy Woo estimates 400MM BTC holders today, based on a number of studies.
I would guess 100 MM "real" users (> $100, distinct humans).
But its still a lot. And we really don't know the number.
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Willy Woo
@woonomic
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426m #Bitcoin holders today.
0.5 billion by Oct.
- All past studies of user count visualised
- Early data via on-chain clustering by @glassnode
- Then add KYC'd exchange users from Cambridge and Crypto·com studies, adjusting for BTC-only
- Then project growth rate forward