July 18, 2024

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Report: Major Entities Hold Over 4 Million Bitcoin, Accounting for 27% of Supply

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Report: Major Entities Hold Over 4 Million Bitcoin, Accounting for 27% of Supply
Report: Major Entities Hold Over 4 Million Bitcoin, Accounting for 27% of SupplyThe latest Glassnode onchain report reveals that major labeled entities collectively hold approximately 4.23 million bitcoin, representing over 27% of the adjusted circulating supply. This significant concentration of BTC holdings underscores the prominent role these entities play within the bitcoin ecosystem. Institutional Holdings: ETFs, Miners, Government, and Exchanges Control 4.23 Million Bitcoin According to Glassnode’s […]