I think the statistic count people who hold Bitcoin in centralized exchanges is belong to individuals instead of businesses, that's why we see there are more than 50% Bitcoin belong to individuals. I would count it as businesses instead because the individuals don't have a complete control over their coins. Or they can just divide between coins belong to "unknown non custodial wallet" and "CEX cold and hot wallet" to be more accurate.

Well, I really don't care about how it is distributed, since those who complain about this usually clamor for redistribution, which involves a politician taking the cake and distributing it as best suits him, something that usually serves the politician's interests much more than those of the general population that he aims to serve. Although when I saw the OP I wondered how accurate what he stated would be and I see that in the second post they dispute it so I'll leave you arguing and I'll go away.

Don't forget that the main reason most Bitcoin is held in a small amount of wallets is because tons of people, companies, and ETFs hold their Bitcoin on exchanges. So those 1.87% of wallets are not the bitcoin of a few people, they are the bitcoin of millions of people and many companies and institutions, held in exchange wallets. So the claim you are trying to make is the lie.

That's what happens when you blindly post statistics with zero understanding of context. Yes your stats may be right, but your conclusion is dead wrong because you have no understanding of the context.

From the chart, what first caught my attention is on the number of lost bitcoin, i see it as what is not been well clarified upon, is it under the statistics of those who lost access to their coins on the blockchain, locked coins, or the ones sent to a wrong address was this statistic base upon, also the people holding on exchanges are more in numbers despites that they have little capacity holdings to those that make use of non custodial wallet, which we often see most of the whales go for.

These are just estimates, but so far it's indeed a great chart distinguished from publicly available data on exchanges, govs, business, Satoshi owned btc. While i wonder how they get the data and how they come up from those individually owned btc, lost and those others. Especially the lost btcs.

I think that a big bunch of those "individuals" are most probably mining companies, exchanges and even more lost wallets. But I have no data, it's just a hunch.

I dont think this data is accurate either because Satoshi most likely has more coins than that AND i doubt 3.7M coins are lost. People count the coins lost because they haven't moved in a decade and they assume that the user lost the private key or seed. However from time to time we see coins which move from 2010 every couple of months or so. Many of those unspent coinbase coins from 2009 could also move one day. This is not a good way at gauging lost coins.

Coins which are lost for sure are those which are sent to an address where the private key is impossible to calculate such as sending coins to an address such as 11111111111111111198743. There is also that guy in UK which is fightning in court to get his old HD back from the dump. One day he might win his case and they might actually try and recover that HD, if the HD isnt damaged then you got tons of coins which can enter the market any day.

#not-you-key-not-your-coin

the story was real

though the guy moved his interest over to altcoins in later years.. INITIALLY he was actually trying to get the local council to allow him access to the waste facility. it was not a made up story nor intended to promote altcoin(initially)
there is proof to back him up that he done things to try gaining access to the site and videos of him talking to town planners and the waste facility management..

but yes later years he converted to do some fundraising and some altcoin stuff and is probably now more wealthier than his initial fiat value investment he put into crypto at the 2013 date.. but still he didnt get to access the waste site and just uses his real story now to just grab for fame and promotion