216 Entities Control 30% Bitcoin: 25x Market Power
Bitcoin institutional holdings have reached unprecedented levels right now, with just 216 centralized entities now controlling over 30% of the entire Bitcoin supply. This staggering concentration represents an impressive 924% increase in institutional Bitcoin holdings over the past decade, and these entities collectively hold 6,145,207 BTC worth approximately $668 billion at the time of writing . The cryptocurrency market cap multiplier effect means that every single dollar invested can actually trigger up to $25 in short-term market impact , which is fundamentally reshaping how institutional investors approach Bitcoin ETF strategies and also changing the game entirely. Treasury Holdings by Entity Type chart – Source: Glassnode x Gemini Report – Bitcoin Adoption, Volatility, and Market Cap Also Read: Bank Of America Compares Bitcoin to The Creation Of The Internet How Bitcoin’s 924% Institutional Growth Creates Market Multiplier Effects Source: Glassnode x Gemini Rep...