On December 13, Glassnode published an analysis stating that the holdings of major Bitcoin holders are as follows:
Public companies: approximately 1.07 million BTC Government agencies: approximately 620,000 BTC U.S. spot ETF: approximately 1.31 million BTC Exchanges: approximately 2.94 million BTC These institutions collectively hold about 5.94 million BTC, accounting for approximately 29.8% of the circulating supply, highlighting the increasing concentration of liquidity among institutions and custodians.
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On December 13, Glassnode published an analysis stating that the holdings of major Bitcoin holders are as follows:
Public companies: approximately 1.07 million BTC
Government agencies: approximately 620,000 BTC
U.S. spot ETF: approximately 1.31 million BTC
Exchanges: approximately 2.94 million BTC
These institutions collectively hold about 5.94 million BTC, accounting for approximately 29.8% of the circulating supply, highlighting the increasing concentration of liquidity among institutions and custodians.