meaning these still active pools only had chance to gather 7mill coins, and the chart shows miners are still hoarding 1.8m of the 7mill 2014-2022 which could be falsely seen as 25% of coins mined were hoarded by active miners.
Mining pools, like exchanges, are custodians of bitcoins not the owners. They have to pay their miners and only get a very small fraction in commissions, part of which they definitely sell to cover their costs. So there is no way for them to own 7 million!
Also that payment to miners from pools, breaks the calculation used here so they end up with a wrong estimate of how much bitcoin miners have held on to.
im saying since 2013 only 7million coins were mined. where the stats show 1.8m are still "owned by miners"
im saying out of the 1.8m "owned by miners" is not even 1.8m
1m of it is practically declared as 'lost' plus as you say some of the 0.8m are just custodian held coins yet to be paid out to individual miners mining on pools.
so the number "owned by miners" is way way lower than 0.8m. i would say. most "miner" linked coin that still remain after 2 year is probably what the pool gets to keep as most users would have claimed their wins regularly(weekly/monthly/6monthly) and those over 9 years are probably "lost".
it seems that chart was done via basic "bitcoin richlist" data. without much analysis on deciding which grouping of x-xx coin allotment is for which category.. in short just taking 0.X-X and give it a ocean based name, X-XX and give it another ocean based name
and thats all they done.
as said before majority of the humpbacks are not rich investors but are exchanges hot wallets. where the chart creator just put exchanges cold wallets into an exchange category. and put anything large but not known cold wallets into a humpback/whale category without much thought or analysis again to not realise that majority of humpback is stil exchange category.
meaning not really any analysis done. but even then those that are humpback and exchange categories are not owned by the exchange. they are just custodian housed funds for all the shrimp, crab, fish, octopus, sharks that cant be bothered to use their own wallet
thus making all the shrimp, crab, fish, octopus, sharks appear to be lacking funds because its again confused into the hunchback/exchange category
in short, the numbers become meaningless as they dont represent anything in reality