Bitcoin Enters Institutional Era: Just 216 Holders Control 30% Of Supply
Bitcoin saw a sharp retracement to $102,300 after briefly climbing to $106,500 earlier today, as bulls failed once again to break through critical resistance. Sellers are stepping in at key supply zones, pushing back against attempts to enter price discovery above the $112K all-time high. Despite this pressure, Bitcoin remains resilient above the psychologically significant […]
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On-chain data shows Shiba Inu has a high concentration of supply on its largest holders. Here’s how Ethereum and other altcoins compare. Top 10 Shiba Inu Wallets Control The Majority Of Supply In a new post on X, the on-chain analytics firm Santiment has talked about how the total holdings of the ten largest whales compares for four altcoins: Ethereum (ETH), Shiba Inu (SHIB), Chainlink (LINK), and Toncoin (TON). Related Reading: Bitcoin Still In Bull Market, On-Chain Indicator Confirms Below is the chart shared by the analytics firm that shows the trend in this metric for these....
Strategy (formerly MicroStrategy) currently owns an astounding 538,200 Bitcoin after it added a massive 379,800 $BTC in just the last six months. On average, the company has been acquiring 2,087 $BTC per day – a rate that far exceeds the current daily production rate of 450 $BTC, which comes to 13,500 $BTC per month. In effect, Strategy has been buying more than 4.5 times the amount of Bitcoin being mined daily. If Strategy continues its pace of BTC acquisition, it can create a Bitcoin supply crunch, where demand vastly outweighs the available supply. The natural consequence? Much higher....
Bitcoin has regained momentum following a period of decline, with its price now trading at $87,992, reflecting a 6.9% increase in the past 24 hours. The recent price movement has drawn attention to shifting supply dynamics, particularly between short-term holders (STH) and long-term holders (LTH). This trend, analyzed by CryptoQuant contributor XBTManager, provides insights into Bitcoin’s current market cycle and what could come next. Related Reading: Crypto Markets Are Misreading Trump’s Strategic Reserve, Says Bitwise CIO Short-Term vs. Long-Term Holders: A Market Balancing Act According....
The growing appetite of institutional investors means companies now hold more than 460,000 BTC, which is 3% of the total supply in circulation. Institutional investors are rapidly gobbling up Bitcoin, and at the time of writing, nearly 3% of the Bitcoin (BTC) in circulation are locked up in long-term holdings by these investors.Data shows that 24 entities have amassed more than 460,500 BTC, which is equivalent to $22 billion at Bitcoin's current price.According to Michael Novogratz, this figure excludes the 3 million BTC forever lost, who estimates that a supply shortage could occur....
On-chain data shows that Bitcoin long-term holders now own 76.2% of the entire supply, a new all-time high for the cryptocurrency. 76.2% Of Bitcoin Supply Now Locked In Diamond Hand Holdings In a new post on X, Capriole Investments founder Charles Edwards talked about the trend in the supply of BTC long-term holders. The “long-term […]