📊 Major players control almost 20% of the total BTC supply



ETFs, public and private companies, custodians, governments, and other major holders have accumulated over 4 million BTC on their balances — that's about $366 billion and nearly 19% of all Bitcoin issuance.

The concentration of supply in the hands of major players is growing and gradually changing the market structure: there is less liquid BTC in circulation, stronger price impulses, and higher sensitivity to institutional inflows.

In fact, we are witnessing Bitcoin turning into a strategic asset for corporations and governments.
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