Miners control Bitcoin? đł
It's well known that the majority of computing power for BTC mining is concentrated among large industrial miners. However, they are not the largest holders of this cryptocurrency.
đž 57% of BTC's total supply is currently owned by individual holders.
đž 17.6% of BTC has been permanently lost and is no longer in circulation.
đž Satoshi's wallet holds 5.2% of BTC.
đž Bitcoin ETFs own only 3.9% of the BTC supply, despite their potential impact on price movements.
đž Miners control just 3.4% of BTC as they consistently sell BTC to expand their mining operations.
As a result, the majority of BTC is held by regular cryptocurrency enthusiasts đ€
DYOR / NFA
