[waboremo]

BusinessInsider[1] has a different view:

>About 37,000 customers accounted for nearly $157 billion or 74% of the bank's assets with an average account size of over $4 million

So it seems the opposite is almost true, because the accounts are valued so high with generally more flexible account holders, they're able to move swiftly

[1]: https://www.businessinsider.com/how-silicon-valley-bank-impl...

[giaour]

GP is talking about the majority of accounts, and the number you cite is a percentage of funds. If 98 people have an account with $1 in it and one person has an account with $102, then 51% of the bank's assets are in accounts > $100, and the vast majority of accounts have $1.

[waboremo]

What makes you think the majority of accounts would operate that way? Seems ridiculous considering it's SVB, not your average bank.

[giaour]

I would expect larger accounts to make the percentage of deposits in accounts with > $250K to be higher than the percentage of accounts with > $250K because that's how numbers work.

[ericmay]

Average or median?