Over 70% of Bitcoin's circulating supply is controlled by a small group of influential investors known as "whales." These entities shape the cryptocurrency's dynamics, offering insights into the market’s direction.
1. Satoshi Nakamoto
The enigmatic creator of Bitcoin holds around 1 million BTC ($20B+), accounting for 4.8% of the total supply. Satoshi’s dormant holdings remain a topic of intrigue.
2. Tesla, Inc.
Tesla owns over 42,000 BTC ($1B+), solidifying its position as a corporate Bitcoin investor.
3. MicroStrategy
The company owns 124,000+ BTC ($2.5B+), with Bitcoin making up 70% of its assets. CEO Michael Saylor is a vocal Bitcoin advocate.
4. Block.one
The blockchain tech pioneer holds 140,000 BTC ($2.8B), cementing its position as a crypto leader.
5. Grayscale Bitcoin Trust (GBTC)
Grayscale leads with 640,000+ BTC ($13B+), making it the largest institutional Bitcoin holder.
6. Coinbase Exchange
Coinbase holds approximately 850,000 BTC ($17B+), representing 4.2% of the circulating supply.
7. Bitfinex Exchange
This platform holds 165,000 BTC ($3.3B), with the majority belonging to its traders.
8. Winklevoss Twins
Tyler and Cameron Winklevoss, co-founders of Gemini, own 200,000 BTC ($4B+).
9. Hut 8 Mining Corp.
The mining giant holds over 7,000 BTC ($140M), ensuring liquidity in the competitive crypto space.
10. US Government
Through seizures, the US government controls over 200,000 BTC ($4B+), making it a major player in the market.
Conclusion
These top holders dominate Bitcoin’s market, with combined holdings exceeding $50 billion. Understanding their moves provides critical insights into cryptocurrency trends and future dynamics.