In recent days, the entire cryptocurrency market has begun to stabilize and consolidate after last week’s sharp correction, in line with the expectations for this time of year.
Looking back at past bull markets, bitcoin typically reaches new highs after Christmas. History does not repeat itself simply, but it is always remarkably similar.
Increasing BTC and ETH holdings at this stage carries little risk; even if it drops, it's only about 10%, but there is potential for an increase of 50% to 100%.
Returning to today's topic, if bitcoin rises to $150,000 or $200,000, who will benefit the most? Of course, it will be those who hold the most.
The holding amount can be found from public data.
2.7% is held by global governments, and among the total bitcoin assets held by governments, the combined share of China and the United States is more than 75%.
China holds 190,000 bitcoins, ranking second, with a value of about $20 billion. As for how they acquired it, those who understand know.
As for how much is in anonymous addresses, it is currently unknown, but when it is truly disclosed, ordinary people will have no chance. Important: It is not illegal to buy bitcoin at any time in the village.
The United States, the world's largest holder of bitcoin.
The U.S. government holds approximately 210,000 bitcoins, valued at about $22 billion. These bitcoins were mainly acquired through law enforcement actions.
For example, the FBI seized a large amount of bitcoin while cracking down on the Silk Road black market. In addition, the U.S. occasionally auctions these digital assets for budgetary or other purposes.
Its massive holdings not only indicate the importance of cryptocurrency in law enforcement but also reflect the government’s prudent management of digital currency assets.
3.9% is held by ETF funds — which have now become the digital gold fiercely pursued by Wall Street financial giants like BlackRock and Fidelity.
As of November 30, 2024, the global bitcoin ETF tracking shows that 45 funds hold a record 1,266,862 bitcoins, valued at $123 billion.
3.6% is held by companies, the most representative being MicroStrategy, which as of December 22, 2024, holds approximately 444,262 bitcoins, with a total purchase price of about $27.7 billion and an average price of about $62,257.
Looking at the data, it seems that the biggest beneficiaries are in the U.S.; however, this ignores that bitcoin is the most decentralized asset, with 57% of individual investors being the largest holding group.
If you can't understand, think about who the largest holders of real estate are—not companies, nor institutions, but individuals, early participants.
You may not actively participate, but your wealth must be passively diluted; just like real estate, not buying a house does not affect the rise in property prices. Wealth storage requires a carrier, and the different carriers have different operation speeds.
We can observe the price changes of bitcoin during past Christmases to analyze the speed of bitcoin as a store of value.
2013 - $666
2014 - $323
2015 - $455
2016 - $899
2017 - $13926
2018 - $4079
2019 - $7323
2020 - $23736
2021 - $50822
2022 - $16822
2023 - $43665
2024 - $99487
It can be seen that, from a broader trend, the price of bitcoin shows a rapidly increasing stable state.
Some accounts you don’t calculate don’t mean they didn’t happen.
If 10 years ago, in 2013, you had $1 million in the bank, how much would it be today? How much would a house cost now? How much would your bitcoin be worth now?