The following are some of the ways to get in touch with us. Bitcoin has become more mainstreamMore institutions have begun to use cryptocurrency as a way of hedging their bets. These large institutions are the dominant Bitcoin owners. They have increased their Bitcoin holdings by an exponential rate over the last 4 years. The top Bitcoin wallets at the moment do not contain any other private Bitcoin holders. Bitcoin creator Satoshi Nakamoto.
Top 10 Bitcoin Wallets Revealed
Marty Party, a crypto-expert and member of the X community (formerly Twitter), posted a post on X. shared A new development in the Bitcoin user base is interesting. Marty, in a screenshot posted on the social network platform, revealed that government and institutions dominate the top holders list.
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The only ‘private entity’ that remains on the list is Bitcoin founder Satoshi NakamotoIts original BTC hold of 1.1 million BTC has not changed. These 10 wallets are owned by various government and company entities, revealing a complete elimination of private cryptocurrency holders.
The second place is occupied by the Binance crypto exchangeIt is the largest cryptocurrency exchange on the planet. It has 550.133 BTC. BlackRock is the next newcomer, with its IBIT Spot Bitcoin ETF that went live in January 2024. BlackRock’s IBIT Spot Bitcoin ETF has amassed 347 767 BTC within less than 1 year.
Grayscale is ranked fourth on this list. It was notable for being the first Bitcoin Trust to be introduced in the United States. Grayscale Over the course of 2024, investors have shifted to other Spot Bitcoin ETFs. Its BTC holdings have dropped from 600,000 BTC to 263,801.
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Following is MicroStrategy As the fifth largest Bitcoin owner in the world with 226,500. MicroStrategy, a company that has been around for a long time and is renowned as ‘the world leader in Bitcoin investment management’ has stated it does not plan to sell any Bitcoins anytime soon. It has also revealed its plans to raise $2 billion more to purchase BTC.
Bitfinex Exchange took the sixth place on the list, with 221,315 BTC. The US Government was close behind with 213,246 BTC. Next, the US government is ranked sixth with 213,246 BTC. Chinese Government The eighth place is occupied by a government with 190,00 BTC. Interesting fact about governments listed on the list: the BTC they have acquired was not purchased, but rather seized from private individuals.
The Chinese Government is now in trouble Fidelity FBTC’s Spot ETF for Bitcoin. It is the ninth-ranked asset manager on this list. The billion dollar asset manager holds 176.62 BTC. Block One, with 164,000 BTC made it to the top 10.
Featured Image created using Dall.E and chart from Tradingview.com
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Source: www.newsbtc.com