Top Bitcoin holders will be very happy if BTC price explodes to over $100k later this year, as many analysts anticipate. At the same time, they are the opposite of happy to see that Bitcoin lost $60k this week and is now trading well below its ATH of $73k in March.
Analyst “MartyParty” posted a list of top 10 BTC holders on his Twitter account.
Top 10 Bitcoin Holders: A Closer Look
The list of top Bitcoin holders is getting interesting:
Satoshi Nakamoto: 1,100,000 BTC ($64,174,000,000)
Binance: 550,133 BTC ($32,094,759,220)
BlackRock: 347,767 BTC ($20,288,125,780)
Grayscale: 263,801 BTC ($15,389,150,340)
MicroStrategy: 226,500 BTC ($13,214,010,000)
Bitfinex: 221,315 BTC ($12,911,517,100)
US Government: 213,246 BTC ($12,441,771,640)
Chinese Government: 190,000 BTC ($11,084,600,000)
Fidelity: 176,626 BTC ($10,304,360,840)
Block One (B1): 164,000 BTC ($9,567,760,000)
Note: Values calculated at the current BTC price of $58,340
It’s incredibly bullish for Bitcoin that institutions like BlackRock and Grayscale hold such large amounts of BTC. This level of institutional involvement demonstrates growing confidence in Bitcoin as a legitimate asset class and store of value. As these major players continue to accumulate and hold significant portions of the total Bitcoin supply, it could potentially lead to increased scarcity and upward pressure on the price.
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It’s important to note though that the BTC price will depend a lot on the broader world situation too such as US elections, cut rates in the US, and many other factors.
Read also: Why Is XRP’s Price ‘Not Moving’ Despite Win Against the SEC? Ripple Price Prediction
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The post Here Are Top 10 Bitcoin Holders – They Will Benefit the Most When BTC Price Explodes appeared first on CaptainAltcoin.
